Feb 4 : Punch plans merger with Mitchells & Butlers

Name: Feb 4 : Punch plans merger with Mitchells & Butlers
Uploaded: 2008-02-04T11:26:06.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: The deal would create the UK's biggest pub operator

The proposed merger comes shortly after Mitchells & Butlers announced a strategic review, following a Â£274m loss on hedges related to a property transaction. Senior companies reporter Maggie Urry analyses the timing of the approach, the other options for M&B and the prospects for the pub sector

February 4, 2008