Punch Lands Pounds 3.7bn M&B Bid

Summary


PUNCH TAVERNS has announced plans to create a pounds 3.7bn pub giant by merging with troubled rival Mitchell & Butlers.

The deal would cement Punch's position as Britain's biggest pub company with more than 10,500 sites.

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Extract


Punch Lands Pounds 3.7bn M&B Bid

The move comes after Birmingham-based M&B - owner of chains including All Bar...

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