All Greene King articles – Page 16
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Jack: Difficult to justify premium valuation for GK/Spirit
Leading analyst Douglas Jack, of Numis, has issued a hold recommendation on the newly integrated Greene King and Spirit Pub Company.
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GK completes Spirit deal to create “market leader”
Greene King has officially completed the £774m acquisition of Spirit Pub Company to create what the latter’s chief executive Mike Tye described as “a real force to be reckoned with”.
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Former Tesco exec joins GK in newly created role
A former Tesco executive has joined Greene King in the newly created role of communications director.
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Greene King and Spirit reveal full list of 16 pubs to be sold
Greene King has revealed the full list of 16 pubs to be sold to address competition issues over its acquisition of Spirit Pub Company.
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French: GK retains the ambition to make further acquisitions
Leading analyst Simon French believes that Greene King retains the ambition to make further acquisitions
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CMA will continue investigation into GK/Spirit deal
The Competition and Markets Authority has confirmed to M&C Report that it has yet to make a final decision on Greene King’s bid to buy Spirit Pub Company.
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Greene King wins VQ employer of the year award
Greene King has been named VQ employer of the Year 2015 for its “outstanding support for staff undertaking vocational qualifications (VQs)”. The company, which won the VQ large employer category award last month, held off competition from TV chef Hugh Fearnley-Whittingstall’s cookery school, River Cottage, to land the overall title ...
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Hemmerdinger takes up GK Local Pubs role
Anthony Hemmerdinger, who has spent over two years as managing director of Telecoms at Sainsburys, has been confirmed as the new managing director of Greene King’s Local Pubs division.
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GK/Spirit deal no longer needs CMA approval
Greene King has said its acquisition of Spirit Pub Company is no longer dependant on approval from the Competition & Markets Authority.
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Tye reflects on implications of GK/Spirit deal
Spirit Pub Company chief executive Mike Tye has said he expects to see consolidation of brands when Greene King completes its takeover.
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Greene King appoints former Tesco director
Greene King has appointed former Tesco director Matthew Todd as its new group trading director
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GK raises £1.6m for cancer charity
Greene King has exceeded its £1m fundraising target and secured a total of £1.6m for Macmillan Cancer Support over the past three years.
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GK offers to sell 16 pubs to seal Spirit deal
The Competition and Markets Authority has said there are ‘reasonable grounds’ to think that Greene King’s offer to sell 16 pubs to address competition issues over its acquisition of Spirit Pub Company will be accepted.
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Greene King restructures management team
Greene King has restructured its management team as it gears up to complete the £773m acquisition of Spirit Pub Company
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CMA reveals verdict on GK/Spirit deal
The Competition and Markets Authority has found Greene King’s proposed acquisition of Spirit Pub Company raises competition issues in “a small number of areas”.
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Bar Sport in talks for Greene King link-up
Bar Sport, the sports-focussed franchised bar brand, is in negotiations with Greene King over a trial at a site near Nottingham, M&C Report understands. Founder Scott Murray told M&C Report he was in talks with Greene King over converting The Commercial Inn, Beeston, into a bar Sport to be run ...
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GK/Spirit deal could spark more consolidation
Should Greene King’s acquisition of Spirit Pub Company be approved by the Competition & Markets Authority next week, it is likely to create “a new league of two” in the pub sector.
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Parson: GK’s update reminder of Spirit deal importance
Nigel Parson at Canaccord Genuity has argued that Greene King’s “lacklustre” trading statement served as a reminder of the importance of its acquisition of Spirit
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Greene King FY lfls up 0.4%
Greene King has reported like-for-like sales up 0.4% for the 51 weeks to 26 April in its Retail division but said it had seen record Valentine’s Day sales of £4m and a 2.4% like-for-like increase over Easter.
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Brumby: It might be a “sticky update” for GK
Leading analyst Mark Brumby has said that it looks like it might be a “slightly sticky update” for Greene King next week