Brewdog calls time as advisers brought in to assess bidders
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Brewdog, the independent craft beer brewer, has engaged advisers Alix Partners to oversee a potential sale that may lead to the company's break-up. The board is seeking bidders, with a quick deadline for offers. This move could leave many of Brewdog's 220,000 shareholders with minimal returns from their investments. The company has faced challenges, including pub closures and allegations of a toxic work culture, alongside controversies over misleading advertising. Brewdog has raised around £75m through its crowdfunding initiatives since 2009.
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