Stonegate To Unload 42 Locations For £1.3B UK Pub Deal

Law360 (February 14, 2020, 2:52 PM EST) -- The U.K.’s competition watchdog on Friday accepted a proposed fix from Stonegate Pub Co. that will see it unload more than three dozen locations in order to move ahead with its planned £1.27 billion ($1.42 billion) purchase of rival pub owner Ei Group.

The Competition and Markets Authority said in December the deal could hurt consumers in around 50 local areas in the U.K. and gave the companies a week to offer a solution to the problem. Stonegate responded with a proposal to unload 42 pubs, which the agency reviewed and found would likely cure its concerns.

The CMA accepted the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!