Chapel Down Group plc (GB:CDGP) has released an update.
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Chapel Down Group Plc has announced a strategic review to explore funding options for its long-term growth, including new investments in vineyards, a winery expected by 2026, and brand development. The company is considering various alternatives such as investments from current or new shareholders, a sale, or other transactions, while maintaining strong sales growth and a robust balance sheet. There is no certainty of a transaction yet, with Rothschild & Co acting as the financial adviser for the review process.
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