Young’s has responded to speculation that it is planning sell its tenanted division of 50 pubs, the Ram Pub Company.
Sky News broke the news that estate agent Savills had been approached to market to group of some 50 premises.
In a statement, Young’s said: “Young’s notes the recent media speculation regarding the company’s appointment of Savills in connection with a possible sale of its tenanted estate.
“The company confirms that Savills has been appointed and that it is in discussions regarding a possible sale. There can be no certainty, however, that any sale will proceed.
“Young’s will make further announcements as appropriate.”
