All Pubs articles – Page 240
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NewsJack upgrades M&B over expected Orchid deal
Leading analyst Douglas Jack has upgraded Mitchells & Butlers (M&B) from Add to Buy following news of its likely takeover of the majority of the Orchid estate, which he described as an “excellent transaction” for the group
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Greene King awards facilities management contract
Greene King has awarded a facilities management contract to Selwyn Building Services (SBS), which is taking on an additional 35 staff to service the deal
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TCG continues Cancer Research support
Around 15 employees of TCG, the managed operator, have visited Cancer Research’s research centre in Manchester as the company looks to donate at least £100,000 to the charity this September
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NewsShepherd Neame 'faces family revolt' over restructure
Shepherd Neame is reportedly facing legal action against plans to simplify its capital structure, with former vice chairman Stuart Neame seeking an injunction to prevent the company diluting his holding and that of family members, the Daily Mail reports
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NewsM&B confirms exclusive Orchid talks
Mitchells & Butlers (M&B) has confirmed that it has entered exclusive talks to buy the majority of the Orchid estate
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NewsJack expects to upgrade Fuller's
Leading analyst Douglas Jack has reiterated his Add recommendation for Fuller’s but says he’s likely to upgrade his forecast after its full-year results next Friday (6 June)
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Red Trousers sets out expansion plan
Red Trouser Entertainment, the fledgling south west London hospitality group, is opening its first pub called the Imperial Durbar in Tooting and plans to look for a second site this year
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NewsEnterprise wins award for Community Heroes scheme
Enterprise Inns, the tenanted and leased pub operator, has won an award for its Community Heroes campaign
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NewsM&B takes lead on Orchid
Mitchells & Butlers is understood to have moved ahead of private equity competition and entered exclusive talks to acquire the majority of Orchid Pub Company, for a sum of c£265m
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Home Office backs crackdown on university pub crawls
Universities will have to prove they are discouraging their students from taking part in pub crawls, under a pilot scheme launched today
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Maclay to expand BBQ concept
Maclay Inns, the Scottish pub and bar operator, has secured a second new site for its barbecue food and craft beer concept and is to ‘retro fit’ the format into two existing pubs, managing director Steve Mallon has told M&C Report
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Bar Sport to make London debut
Bar Sport, the sports bar brand, is to open its first site in London under “mini franchise” with the operator of a K10 Japanese restaurant near Liverpool Street, M&C Report has learnt
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NewsPunch shares fall on latest debt plan
Shares in Punch Taverns fell by nearly 28% yesterday after the group announced that shareholders would see their stake in the business heavily diluted under a proposed a debt-for-equity swap
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Four Dublin pubs on the market
Four pubs in Dublin have been placed on the market and are expected to sell for c€13.5m (£11m) in total, reports the Irish Independent
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Drinkaware seeks legal advice on promos
Drinkaware is seeking legal advice on forcing pubs that promote irresponsible drinking to remove any mention of the organisation in their marketing material, writes M&C Report’s sister title The Publican’s Morning Advertiser (PMA)
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Fuller's to hold cooking competition for chef 'scholars'
Fuller’s, the London-based brewer and pub operator, is to hold a head to head cooking skills competition today under its Chef Scholarship, which it launched last year
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Welsh cob named Perfect Pub Pie
The Chestnut Horse in Yorkshire has won a national award for its Welsh cob pie after Olive magazine named it the nation’s perfect pub pie in a contest judged by high profile chef Tom Kerridge
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NewsPunch proposes debt-for-equity swap
Punch Taverns has this morning published details of revised restructuring terms, including a debt for equity swap that would see bondholders take an 85% equity stake in the company
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Heartstone back in profit
Heartstone Inns, the Enterprise Investment Scheme (EIS)-backed freehold pub operator, turned around a pre-tax loss of £685,328 to report a pre-tax profit of £116,918 in what it called a “year of significant progress” in 2013
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NewsLfls up 10% at Draft House
Draft House has reported a 17% rise in like-for-like sales in May and said it hoped to have new site news shortly