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Majestic Wines mulls offers for own-branded retail business

Time:2019-05-25 17:44wine - Red wine life health Click:

Wine Majestic Wine PLC LON:WINE WINE.L

Majestic Wines mulls offers for own-branded retail business

21 May 2019 | 13:44pm

StockMarketWire.com - Majestic Wines said it was considering a sale of its Majestic-branded retail business as one possible option of a strategic review announced in March.

The company, which was responding to press speculation about a potential sale, also said that it had received a number of expressions of interest in the business.

'The group continues to review all options and there remains no certainty that the sale of Majestic Retail will proceed nor as to the terms upon which any disposal would take place,' Majestic Wines said.

At 1:44pm: [LON:WINE] Majestic Wine PLC share price was +17p at 283p



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