As Britain Gets A Round In, NewRiver Looks To Sell £260M Pub Portfolio

On Monday, Britain was able to head to the pub again — well, the pub garden at least — and have an outdoor, socially distanced pint. It is perhaps no coincidence that in the week the country became reacquainted with boozers again, NewRiver unveiled plans to spin off its substantial pub portfolio.
The listed retail and leisure firm said in a trading update that it would look to divest its pub portfolio, called Hawthorn Pubs, possibly through an initial public offering to create a new listed pub company. NewRiver Chief Financial Officer Mark Davies, who has been serving as CEO of…

Leave a Comment

Your email address will not be published. Required fields are marked *