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Home | RBS sells UK pub chain

RBS sells UK pub chain

  • December 02, 2011
  • Heineken N.V. has confirmed that it has acquired the Galaxy Pub Estate in the UK from Royal Bank of Scotland, for £412 million. The deal is on a cash-and-debt-free basis and the brewer has paid a further £10 million to settle accrued amounts owed under an existing management agreement between RBS and Heineken. Galaxy comprises [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/12/02/rbs-sells-uk-pub-chain/
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