'Heavy debt, rising costs': UK’s largest pub group to sell around thousand sites; eyes deal worth 1 billion pounds
Stonegate Group, the UK's largest pub operator, is reportedly considering selling approximately 1,000 of its most profitable "platinum" pubs for an estimated £1 billion. This move aims to address the company's substantial £3 billion debt burden. The sale of these separately structured sites would not impact the rest of Stonegate's extensive estate.
Stonegate Group, the UK's largest pub operator, is reportedly considering selling approximately 1,000 of its most profitable "platinum" pubs for an estimated £1 billion. This move aims to address the company's substantial £3 billion debt burden. The sale of these separately structured sites would not impact the rest of Stonegate's extensive estate.
