BREAKING NEWS

BREAKING NEWS

Heineken buys a round

Now Reading:

Heineken buys a round

Text size Aa Aa

The brewing giant Heineken has become one of the UK’s leading pub owners after buying more than 900 tenanted pubs from the Royal Bank of Scotland.

RBS, which is 83 per cent state-owned, is trying to ditch its non-core business after being rescued by the British taxpayer.

The world’s third largest brewer paid nearly half a billion euros for the pubs which it said are high quality and had outperformed the market.