Majestic Wine has confirmed that it is in advanced talks with “multiple bidders” for its chain of retail stores.
Its shares fell 26p to 292p after it suspended its final dividend. Some shareholders had expected the estimated £100 million-plus sale to finance the final dividend and an extra payout.
Majestic Wine has confirmed that it is in advanced talks with “multiple bidders” for its chain of retail stores.
Its shares fell 26p to 292p after it suspended its final dividend. Some shareholders had expected the estimated £100 million-plus sale to finance the final dividend and an extra payout.
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