Serial pub entrepreneur Clive Watson is poised to add another firm to his dealmaking career after City Pub Group said it was set to be bought by pub giant Young’s in a £162 million deal.
The agreement, which will see CEO Watson pocket more than £6 million, is the third chain he has found a buyer for after selling Tup Inns to Massive in 1999 for £4 million and handing Capital Pub Company to Greene King in 2011 for £93 million.
