- Craft beer giant BrewDog temporarily shut its global network of bars on Monday as the company moved to finalise its anticipated sale.
- The closures, affecting 72 bars worldwide, were a direct consequence of the imminent change in business control and associated licensing agreements.
- An announcement regarding the sale is expected early this week, with US brewer and cannabis group Tilray Brands reportedly nearing a deal to buy parts of BrewDog.
- BrewDog's chief executive, James Taylor, communicated with staff via email on Monday, explaining the temporary closures and scheduling company-wide calls.
- The potential sale has led to questions from investors who participated in BrewDog's 'equity for punks' crowdfunding initiatives.
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