Britain's biggest pub operator, Stonegate Group, is reportedly gearing up to sell more than 1,000 pubs as the company struggles under debts of more than £3 billion ($3.9 billion) and a relentlessly tough trading climate.
The owner of Slug & Lettuce and Be At One is said to be exploring a massive sale that would involve nearly a quarter of its 4,300 venues, in what insiders describe as one of the most dramatic shake-ups the UK hospitality sector has seen since the pandemic.
