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Hong King Firm To Buy UK Pub Giant Greene King; Mitie Sells Foodservice Arm To CH&Co

Written by The Ashton Report

Greene King, which owns and operates 2,730 pubs as well as breweries in England, Scotland and Wales, will be acquired by Hong King-based real estate development firm CKA in a deal valued at £4.6 billion (US$5.6 billion), including the assumption of £1.9 billion in debt. CKA, also called CK Asset Holdings, will pay shareholders 850p…

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The Ashton Report