Marstons to acquire 156 pubs in Wales from Brains.

Marstons, a British pub and hotel operator, agreed to acquire 156 pubs in Wales from Brains, a brewer and hospitality company. Financial terms were not disclosed. "This agreement marks the formation of a lasting strategic relationship with Marston's which secures the future of Brains' pubs and 1,300 of our employees within them," John Rhys, Brains CEO.