Premium Bars & Restaurants, the owner of the Prohibition and Living Room bar chains, is in exclusive talks to sell some or all of its assets to the Reuben brothers, the billionaire property investors.
David and Simon Reuben, the company’s biggest shareholders with a 32.5 per cent stake, are understood to have offered to buy all but five of PBR’s 47 sites for £52m.
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http://www.ft.com/cms/s/0/733c438c-64e6-11de-a13f-00144feabdc0.html
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