GSH sale judged ‘fair’ despite being at lower end of value range
Proposed sale price of $20.7m for Good Spirits Hospitality’s trading assets was below independently assessed midpoint.
GSH is expected to delist from the NZX on November 13.
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Good Spirits Hospitality’s proposed agreement to sell its business for $20.7 million has been given the thumbs up from an independent appraiser.
In August, the NZX-listed publican agreed to sell its nine trading assets to Brew on Quay, which was a related party of GSH’s chief executive, Geoff
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