BRIEF-Young & Co's Brewery Says Proposed Deal For Approximately £162 MLN

City Pub Group PLC: * YOUNG & CO'S BREW. CITY PUB GROUP (THE) - RULE 2.7 ACQUISITION

* PROPOSED DEAL FOR EACH CITY PUBS SHARE: 108.75 PENCE IN CASH * PROPOSED DEAL ALSO INCLUDES 0.032658 NEW YOUNG'S A SHARES

* TRANSACTION REPRESENTS A TOTAL IMPLIED VALUE OF 145 PENCE PER CITY PUBS SHARE * PROPOSED DEAL FOR APPROXIMATELY £162 MILLION Source text for Eikon: Further company coverage: