Drinks Chain for Sale at Pounds 100 Million

Summary


BARGAIN Booze, operator of 500 discount off-licences, has been put up for sale by its private equity owner Electra in a move that could raise Pounds 100 million.

Electra has appointed investment bank Rothschild to find a buyer. Electra took control of Bargain Booze in 2002 when it backed the Pounds 141 million management buyout of convenience stores group BWG from drinks giant Pernod Ricard.

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Drinks Chain for Sale at Pounds 100 Million

BWG then owned 301 Barg...

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