Friday, May 22, 2020

Brewers Carlsberg UK and Marston's announce merger

Smaller breweries warn deal could harm independent beer firms

Danish brewer Carlsberg and British pubs and cask ale firm Marston’s have announced a joint venture, prompting concern among small brewers who fear being squeezed out of the market.

Shares in Marston’s surged by 36%, recovering some of the value lost since Covid-19 lockdown shut pubs across the country, as investors applauded the tie-up.

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from Mergers and acquisitions | The Guardian https://ift.tt/2WRI9A2

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