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Loungers backs improved £367m takeover offer

By Abigail Townsend

Date: Wednesday 15 Jan 2025

(Sharecast News) - Loungers has agreed an improved £367m bid to be taken private, the bar and restaurant operator confirmed on Wednesday, after shareholders pushed back against an earlier offer.
The AIM-listed business, which trades under the Cosy Club and Brightside brands, first agreed in November to be taken over by...

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