M&A activity [big deals/small deals]
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Punch Taverns has denied speculation linking it to a takeover bid for Mitchells & Butlers (M&B) after the rival operator admitted that a number of parties had expressed an interest in buying the company.
Posted: 31 January 2008 | 10:54
The future of the pub arm of Scottish & Newcastle remains uncertain after the £10b takeover of the brewer by Carlsberg and Heineken finally concluded last week.
Posted: 31 January 2008 | 09:00
The vultures have begun to circle embattled Mitchells & Butlers (M&B) with expressions of interest from private equity groups and potential trade buyers.
Posted: 30 January 2008 | 11:31
Henry J Beans operator Food and Drink Group could be sold or merged with a larger rival after a prolonged sales dip at the end of 2007.
Posted: 28 January 2008 | 13:19
Marston’s has joined its fellow pub operators in revealing stagnant sales figures during the past three months as trading is affected by the “challenging market”.
Posted: 25 January 2008 | 11:34
A round-up of the weekend's news affecting the hospitality industry. News includes:D&D London increases sales by 25%; Trio of buyers for Pret ; French ‘Jamie Oliver’ denies slur on British inspiration
Posted: 21 January 2008 | 10:52
Hotel du Vin has acquired the four-star 22-bedroom St Andrews Golf Hotel in Fife for an undisclosed sum.
Posted: 07 January 2008 | 16:10
Von Essen Hotels' land grab of iconic British and European hotels is set to continue unabated this year, according to its founder and chairman.
Posted: 04 January 2008 | 15:35
Pub company London Town has acquired managed pub operator GRS Inns for £4.31m in a takeover that sees the creation of a 282-strong group.
Posted: 02 January 2008 | 14:00
A row has broken out between Orient Express and the Indian Hotels Company (IHCL) after a proposed joint venture between the luxury chains went sour.
Posted: 20 December 2007 | 14:00
With the global credit crunch beginning to affect consumer and investor confidence, the Government finding more ways of making life harder for hospitality and tourism operators, plus the summer floods, 2007 was an action-packed year. Angela Frewin takes a look back
Posted: 19 December 2007 | 12:39
Von Essen Hotels has failed in a challenge to a High Court decision last year thwarting its £165,000-plus damages claim against a couple over the £13m sale of four Cotswolds hotels.
Posted: 18 December 2007 | 07:00
BaxterStorey has cemented its position as the UK’s largest independent contract caterer with the acquisition of rival Holroyd Howe.
Posted: 17 December 2007 | 13:30
A round-up of the weekend's news affecting the hospitality industry. News includes: Ritz auction will raise more than £1m; Rising chefs for 2008; Selfridges halts cruel veal sales from Smithfields
Posted: 17 December 2007 | 10:42
Rapidly expanding Barracuda Group will open three pubs this week to cash in on the key Christmas and New Year period.
Posted: 12 December 2007 | 12:17
Argentine steak-house operator Gaucho Grill is believed to be in advanced talks over a buyout by Intermediate Capital Group (ICG), which would value it at £120m.
Posted: 10 December 2007 | 12:08
Ember Inns and Harvester operator Mitchells & Butlers has sold two food-led,freehold pubs near Perth and Preston for approximately £1.7m.
Posted: 07 December 2007 | 12:54
Pub operator Pubs ‘n’ Bars has acquired Moorgate Taverns for £9.27m.
Posted: 06 December 2007 | 12:30
A round-up of the weekend's news affecting the hospitality industry. News includes: USA claims right to kidnap British citizens; Caviar stocks could run dry by Christmas; S&N under pressure to talk to takeover rivals and more...
Posted: 03 December 2007 | 11:10
Marston’s saw turnover soar past the £600m mark this year helped by acquisitions, but it couldn’t escape the effects of this summer’s atrocious weather.
Posted: 30 November 2007 | 15:36
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