All Spirit Pub Company articles – Page 3
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News
Spirit set to recommend revised Greene King offer
Spirit Pub Company has announced that it is willing to recommend a revised takeover offer from Greene King of approximately 109.5p, which values the company at £723.5m
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News
Analyst corner: Nick Batram on Spirit
Under the heading “Greene with envy” Nick Batram at Peel Hunt looks at the upcoming full-year update from Spirit
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News
Spirit shares climb on higher bid speculation
Shares in Spirit climbed 6.1% to 90.75p amid speculation that Greene King will soon return with a firm offer for the business
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News
Spirit launches seasonal menu with cook-off
Spirit Pub Company has launched a new seasonal menu across its tenanted and leased pub estate
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Analysis & Insight
M&A market back with a boom
Two potential deals are keeping City gossip hot at the moment, but they are very different types of bid. One company is categorically saying no to an offer while silence rules the other tender, Dominic Walsh tells all
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News
Spirit raises £43k for Prostate Cancer UK
Spirit Pub Company raised £43,000 for Prostate Cancer UK from a special initiative during this summer’s football World Cup
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News
Greene King 'can justify expected price for Spirit'
Greene King is likely to have to offer between 110p and 120p per share for Spirit Pub Company, an amount that can be justified from a multiple of earnings perspective, according to leading analyst Nick Batram
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News
New John Barras menu focuses on 'food challenges'
John Barras, the 20-strong pub brand from Spirit, has introduced food challenges as part of its new autumn menu
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Opinion
Deal of the decade?
What lies behind Greene King’s approach for Spirit Pub Company, what complications does it bring and what does it tell us about the current state of the pub market? John Harrington speaks to the experts
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News
Spirit: Greene King offer 'undervalued' the company
Spirit Pub Company has said Greene King’s 100p-per-share offer for the firm “undervalued” the group, with Spirit’s board saying it “remains fully confident in the ongoing execution of Spirit’s strategy as an independent company”
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News
Fayre & Square introduces 'healthier' kids' pizzas
Fayre & Square, Spirit Pub Company’s family pub restaurant brand, is introducing a range of “healthier” pizzas for its children’s menu
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News
Flaming Grill gives 30% off... to red heads
Spirit Pub Company’s Flaming Grill brand is offering 30% off food for people with red hair for one day only to mark Prince Harry’s 30th birthday on Monday (15 September)
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News
Fayre & Square adds to menus
Fayre & Square, Spirit Pub Company’s 159-strong family pub brand, has added new items to its main menu and also launched its new children’s menu chosen by children themselves
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News
Spirit to double apprentice numbers
Spirit Pub Company plans to double the number of its apprentices to more than 2,000, it has announced as it launches a new programme aimed at those looking for a career in the kitchen
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News
Collyer: Spirit is moving up the pecking order
Leading analyst Geof Collyer has upgraded his earnings per share (EPS) forecast for Spirit Pub Company, saying the group is “moving higher up the pecking order” following its above-expectations trading update, although some concerns remain
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News
Batram: Spirit will exceed expectations
Another analyst has predicted that Spirit Pub Company will exceed expectations following yesterday’s trading update
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News
Spirit Q4 managed lfls rise 2.1%
Spirit Pub Company has reported a 2.1% rise in like-for-like net sales in its managed arm for the 12 weeks to 16 August, with net income growth in the leased division accelerating to +4.8%
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News
Jack upgrades Spirit PBT forecast
Leading analyst Douglas Jack has upgraded his full-year pre-tax profit forecast by 3% for Spirit Pub Company following its trading update this morning that exceeded his expectations
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News
Spirit 'set for solid Q4'
Leading analyst Nicholas Batram has predicted a “solid” Q4 for Spirit Pub Company and said he expects the firm to achieve his predicted 4% like-for-like sales growth for the year
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News
Cerberus to place Spirit package on the market
Cerberus, the US private equity owner of Admiral Taverns, is to place 16 pubs leased to Spirit Pub Company on the market