A.G. Barr in early talks for potential sale of Strathmore brand
Investing.com -- A.G. Barr, the beverage company, announced today that it is in preliminary discussions with a third party about the potential sale of its Strathmore bottled water brand.
The company had previously declared its intention to discontinue the Strathmore brand within this fiscal year.
However, the recent update indicates a change in strategy, with the firm now considering a sale instead of a discontinuation.
The company clarified that these discussions are in the early stages. It also emphasized that there is no guarantee that these talks will result in a transaction.
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