Huge hat tip to Dominic Walsh over the at The Times for his scoop on Mitchells & Butlers's "exclusive" discussions to buy the Orchid pub group for about £250m.
M&B have just had to issue a statement confirming Dom's tale. Here is the link: http://www.investegate.co.uk/mitchells---38--butlers--mab-/rns/response-to-press-speculation-on-orchid-estates/201405290842053277I/.
Showing posts with label Orchid. Show all posts
Showing posts with label Orchid. Show all posts
Thursday, 29 May 2014
Thursday, 24 April 2014
Fancy a pint - part 2
Loyal Betaville readers may recall that a few weeks ago I published a post about FTSE 250 pub companies Mitchells & Butlers and Greene King.
For those readers that don't remember, I noticed that both companies had almost identical market capitalisations. And after speaking to an excellent source, I noted speculation there had this year been some loose discussions about the two companies combining.
For those readers that don't remember, I noticed that both companies had almost identical market capitalisations. And after speaking to an excellent source, I noted speculation there had this year been some loose discussions about the two companies combining.
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