Revolution Bars Ends Sale Process, Announces Restructuring
Company Announcements

Revolution Bars Ends Sale Process, Announces Restructuring

Revolution Bars (GB:RBG) has released an update.

Revolution Bars Group plc has ended its formal sale process without receiving any acquisition proposals for its entire share capital and is no longer in an offer period, thus exempt from related disclosure requirements. The company is proceeding with a restructuring plan to improve profitability and address financial challenges, including a potential £15.0 million loss before tax for the year, with stakeholders urged to support upcoming fundraising efforts to facilitate the plan.

For further insights into GB:RBG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskRevel Collective Unveils 2024 Report and Board Changes
TipRanks UK Auto-Generated NewsdeskRevel Collective’s Shareholder Dynamics Shift
TipRanks UK Auto-Generated NewsdeskRevel Collective’s Strategic Restructuring and Growth Plan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App