Cosy Club owner Loungers snapped up by Fortress for £338m Business Fortress will offer 310p per share, which is a 30 per cent premium to Loungers' closing price yesterday and above its highest ever trading price.
Majestic Wine and Poundstretcher owner Fortress cuts costs Business The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
Owner of Majestic Wine and Punch Pubs acquires one of UK’s biggest discount retail chains Retail Poundstretcher, one of Britain's biggest discount retail chains, has been sold to the owner of Majestic Wine and Punch Pubs.