UK pubs giant Punch denies merger talk

UK pubs giant Punch Taverns today poured cold water on speculation it was in talks over a £5bn (€7bn) merger deal with the owner of bar chain All Bar One.

UK pubs giant Punch denies merger talk
Mon, 26 Nov, 2007 - 08:11

UK pubs giant Punch Taverns today poured cold water on speculation it was in talks over a £5bn (€7bn) merger deal with the owner of bar chain All Bar One.

Punch Taverns was said to have approached leading shareholders of Mitchells & Butlers about a deal to create a business with 11,000 pubs.

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