Good Spirits deal approved after tense AGM

(Image: Good Spirits)

Thu, 26 Oct 2023

The sale of Good Spirits Hospitality (GSH) has been approved, despite one of its largest shareholders going toe-to-toe with its board over the deal’s apparent conflicts of interest.The debt-laden NZX-listed pub owner held its combined special and annual meeting in Auckland on Thursday, where shareholders were given the opportunity to vote on the sale of the group’s business to Brew on Quay – a related party involving GSH’s chief executive Geoff Tuttle and chair Matt Adams.Nearly 60% of the shareholders voted in favour wi...

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