British pubs group Marston's rejects €751m takeover offer      

Marston's has rejected a £665.8m takeover proposal from Platinum Equity Advisors, saying the offer 'very significantly undervalues' the company. Picture: Jacob King/PA

British pub operator Marston's has rejected a £665.8m (€751m) takeover proposal from Platinum Equity Advisors, saying the offer "very significantly undervalues" the company.

The offer of 105 pence per share represents a premium of around 40% to the closing price of the company's shares last Thursday, a day before Marston's publicly confirmed the approach.