Stonegate Pub Company £100 million bid for Revolutions Bar Group

Overview:

• Stonegate Pub Company has made a £100 million bid for Revolutions Bar Group.
• Stonegate has more than 690 pubs and bars across the UK and owns the bar brand chains Yates and Slug & Lettuce.
• Deltic is also believed to be making a bid for the company.
• All shareholders need to vote and the offer must gain at least 75% approval before becoming binding.
• Revolution has over 50 bars across the UK.

Katrin Kostadinova - Data analyst