30-10-2020 17:27 via uk.finance.yahoo.com

Disco inferno as biggest nightclub operator seeks buyer

Britain’s largest nightclub operator has put itself up for sale as it battles for survival following seven months of closure. Deltic Group, which owns 52 nightclubs under the Oceana and Pryzm brands, has begun a sale process while it considers other restructuring options including a company voluntary arrangement. Peter Marks, chief executive, said that company would run out of cash by December without securing a rescue plan. “We have to look at every option going and part of that is
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