Summary
Managers of bars operator Yates are set to unveil a pounds 93.4m buyout of the business later this week, it emerged today.
Independent directors of Yates said talks with private equity group GI Partners about an MBO were now at an "advanced stage".See the full content of this document
Extract
Buyout Offer for Chain
A recommended cash offer of 140p per share is expected to be announced on Wednesday alongs...
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