UPDATE 1-Majestic Wine to sell retail & commercial units to Softbank’s Fortress
Majestic Wine Plc said on Friday
it had agreed to sell its retail and commercial business to a
vehicle controlled by funds managed by Softbank’s
Fortress Investment Group, as it looks to rebrand itself into a
purely online retailer.
it had agreed to sell its retail and commercial business to a
vehicle controlled by funds managed by Softbank’s
Fortress Investment Group, as it looks to rebrand itself into a
purely online retailer.
Posted by Reuters
