Revised Loungers bid ‘substantially undervalues’ the company

Loungers1

Gresham House, which has a 3.9% stake in the cafe-bar group, is “still not inclined” to support the latest offer from Fortress, MD Ken Wotton tells MCA, while Downing’s Judith MacKenzie calls for a fair valuation that reflects the company’s future growth prospects

Already have an account?

red tick

You have reached your article limit

Register for limited access

Register for free

50% off your first 3 months

Subscribe now