Business · 3 hours ago
Heineken nearing £300 million deal to buy 300 Stonegate pubs
Dutch brewer Heineken is close to buying 300 pubs from Stonegate, Britain's largest pub chain, in a £300 million deal. The acquisition could offer a crucial lifeline to Stonegate, which is grappling with a significant £3 billion debt mountain. Stonegate's debt was mainly accumulated when it bought rival Enterprise Inns for £3 billion in 2019.
Reported by The Sun · How we write briefs
