ACCC HALTS ALH PURCHASE OF RYE HOTEL
The ACCC has put a pause on ALH’s acquisition of the landmark Rye Hotel, amid competition concerns for patrons in the area. The big Rye Hotel is an icon of Victoria’s Mornington Peninsula, providing public bar, gaming room, 43 accommodation rooms, and a thriving drive-through bottleshop. ASX-listed Endeavour (ASX:EDV) agreed in June to purchase it […]