Barracuda denies plans for float

From The Publican

19-Jul-2004

Related topics: Company & City News

Managed pub group Barracuda says it has 'no firm plans' to float the business on the stock market this year.


A national newspaper report said Barracuda was considering a float in the autumn. Chief executive Mark McQuater (pictured) was quoted as saying: "We are looking for value if the stock market could give us that, it would be great."


Barracuda said that Mr McQuater has not ruled out a float at some stage and will continue to monitor the situation.


The 153-pub business is backed by PPM Ventures, the private equity arm of Prudential.

Find us on Facebook

Spotlight

Legal Q&A: Private birthday parties and wine measurements

Legal Q&A: Private birthday parties and wine measurements

In this week's legal Q&A, our experts look at issues around hosting private birthday parties and wine...

Legal advice: The risk of fire is always present

Legal advice: The risk of fire is always present

Fire risk assessment is crucial at at time of year - and especially over the Christmas period....

123

Follow us on