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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.

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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Nicholas Pointon Wed, 11 Oct 2023
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GSH sale judged ‘fair’ despite being at lower end of value range
Investment,
101191
true