Greene King in £2.7bn Asian takeover
Suffolk-based Greene King, Britain’s largest pub and brewery company, has agreed to a £2.7bn sale to Hong Kong-based conglomerate CK Asset Holdings. The announcement sent shares in the 220-year-old business soaring 50% today. Greene King, based in Bury St Edmunds, operates nearly 3,000 pubs, restaurants and hotels, and owns brands including Hungry Horse and Chef…