Compass Group Close to GBP400 Million Takeover of CH&Co, Sky News Reports
--Compass Group is in advanced discussions to buy competitor CH&Co in a deal worth more than 400 million pounds ($508.1 million), Sky News reports.
--The U.K. catering contractor is finalizing a deal to buy the caterer for landmark venues like Kew Gardens and the Royal Opera House, Sky News reports, citing unnamed sources.
--The deal could be announced as soon as this week, Sky News reports.
--Compass wasn't immediately available for comment when contacted by Dow Jones Newswires.
Full story: http://tinyurl.com/5xz5hvd2
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
January 22, 2024 01:35 ET (06:35 GMT)
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