United Kingdom | Wednesday, 15 October 2008

Taverns Articles

View All Articles About 'Taverns'
1. Punch scraps payout as sales fall
The biggest pub company Punch Taverns scrapped its year-end dividend as it fell victim to declining sales in pubs, sending its shares and others in the sector sharply lower.
03 Sep 2008
2. Punch Taverns profits up 1%
Punch Taverns has released its interim results for the 28 weeks to 1 March 2008. The company which owns over 8,400 pubs in the UK said that its pre-tax profits increased 1.0 per cent to £133 million compared to the same period last year.
24 Apr 2008
3. Punch says no to M&B
Punch Taverns has said that it had ended talks with fellow pub owner Mitchells and Butlers (M&B) on the grounds that any deal would not be in the best interests of the shareholders. M&B became available for sale earlier in February after it announced a £400 million loss. Whilst Punch looked at the possibility of a merger, it abandoned discussions on 28 March, although said that it may reconsider if other buyers were interested in getting involved as well.
18 Apr 2008
4. Punch drops M&B bid plan
Pubs group Punch Taverns said on Friday it was withdrawing its bid proposal for rival Mitchells & Butlers, but that it was still considering a joint offer with a third party.
25 Mar 2008
5. Pub firm Punch proposes M&B merger
Punch Taverns unveiled a plan to merge with troubled rival Mitchells & Butlers on Monday to create a 3.7-billion-pound group that would own one in six pubs in England and Wales.
04 Feb 2008
6. Punch Taverns boosts pubs' sales
The country's biggest pubs operator Punch Taverns said on Wednesday it had finished its financial year trading in line with expectations, with average sales at leased pubs up 2.7 percent.
06 Sep 2006
[1]
advertisement