All Punch Pubs Co articles – Page 13
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News
Former Punch CEO joins IHG board
Ian Dyson, the former chief executive of Punch Taverns has joined Jill McDonald, the chief executive of McDonald’s UK, on the board of InterContinental Hotels Group (IHG)
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Osmond eyes return to sector
Hugh Osmond, the high-profile sector investor who previously backed PizzaExpress and Punch Taverns, is reportedly eyeing a return to the leisure sector after resigning from the board of insurance company Phoenix
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Punch launches Finest Cask website
Punch Taverns has launched a website for its Finest Cask scheme, its guest ale programme that has been running for over 10 years
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Fuller’s secures Blackfriars site from Punch
Fuller’s has strengthened its London estate with the acquisition of the White Hart pub in Blackfriars from Punch Taverns in an off-market deal for in excess of £2.5m
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Investment fund secures Punch freeholds
A pair of Punch Taverns freehold pubs based in London’s Clerkenwell have been sold to a private investment fund in an off-market deal for £3.5m. The fund has secured the White Bear and the Smithfield Tavern, both in EC1, near London’s Smithfield meat market.AG&G’s James Grimes, who represented the buyers ...
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McMullen’s adds Punch freeholds
Hertfordshire brewer and operator McMullen’s has acquired three further pubs, including two central London-based freehold sites from Punch Taverns, for an undisclosed sum
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Punch defends actions over tenants' letters
Pub company says it makes “no apologies” for helping its licensees write to the Government for the statutory code consultation
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Punch 'drafted tenant letters to Government'
Letters sent by Punch Taverns licensees speaking up for the pub company were drafted by Punch itself, The Sun reports this morning
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Punch: debt talks are making progress
Punch says it’s continuing to engage with its stakeholders as the self-imposed deadline for completing the process in the first half of 2013 passes
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NewsPunch creates dedicated division for new business
Punch is forming a New Business Division to provide dedicated support to all new tenants and lessees
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New Works secures further Punch site
New Works Pub Company, the multiple pub operator, has secured a further site with Punch Taverns
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Hundreds of Punch tenants back pubco in letters to BIS
Hundreds of Punch licensees have written to the Government in support of the pubco as part of the consultation into the statutory code, says Punch’s Andy Slee
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NewsPunch re-ignites dispute with bondholders
Punch Taverns has re-ignited its dispute with its senior bondholders by saying that a number of claims made by them regarding Punch’s restructure proposals are “inaccurate”
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Punch bondholders call for independent restructure process
Senior bondholders have called for an independent restructuring process after rejecting the latest proposal from the company, The Times reports
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VIDEO: Punch Taverns chairman Stephen Billingham outlines financial restructuring proposals
The group requires the support of stakeholders, but still hopes to implement refinancing by the end of June
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Billingham: not much leeway on Punch restructure plan
Punch Taverns executive chairman Stephen Billingham also wanrs stakeholders that the consequences of not supporting the plan “are possibly quite severe”
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NewsPunch announces revised restructuring proposals
Punch Taverns hopes to complete restructure this month as it reports a 0.7% decline in net income in Q3
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Punch 'to announce changes to debt restructuring'
Punch Taverns is reportedly set to announce changes in its debt restructuring imminently
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Punch receives code accreditation
Punch has become the first pub company to achieve BIIBAS accreditation for its code of practice under version six of the industry framework code
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Punch helps pubs with marketing
Punch Taverns is to focus on helping its pubs improve their marketing by issuing all its licensees with a CD featuring marketing advice.