Platinum abandons Marston’s takeover
The US-based private equity group will not advance with a takeover, after Maston’s ‘unanimously rejected’ its proposal on the basis of it undervaluing the group
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Platinum Equity, a US-based private equity firm, has confirmed that it will no longer move forward with a proposed takeover of Marston’s, after the pub group “unanimously rejected” its proposal earlier this month.