The Barkby Group PLC (GB:ROAD) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Roadside Real Estate PLC has finalized the sale of its pub subsidiary, Barkby Pub Co. Ltd, to PS91 Hospitality Ltd, marking the completion of its strategic shift towards focusing on roadside real estate assets. The company sold Barkby Pub Co. Ltd, which was in a net liability position, for a nominal sum and will cover historic liabilities totaling £0.4m. This transaction represents the last step in Roadside’s divestment program from the pubs business, as they continue to streamline their operations.
For further insights into GB:ROAD stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue