By Muhammed Husain - Dec 15, 2021
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Softbank-owned Fortress Investment Group will acquire Punch Pubs & Co, which operates about 1,300 pubs across the United Kingdom, for an undisclosed amount, the U.S.-based company said on Wednesday.
"Punch's resilient business model and a suburban and rural estate has enabled it to weather the ongoing challenges of the pandemic," Fortress said in a statement.
(Reporting by Muhammed Husain in Bengaluru; Editing by Vinay Dwivedi)
Softbank's Fortress To Buy UK-Based Punch Pubs
By No Author - Dec 15, 2021
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