Restructure plan proceeding at Revolution Bars as no buyers step forward

No buyer has emerged as willing to take on the whole of troubled hospitality group Revolution Bars, meaning the planned restructure will now be the most likely next step. Revolution’s board is conducting a twin-track process; putting the whole or part of the business on the block, while also embarking on detailed plans to issue new shares as part of a restructuring package to relaunch the business, and demonstrate beyond all doubt that it is the best option for shareholders.

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