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CMA greenlights revised £403m Heineken deal to buy Punch pubs

The Competition & Markets Authority (CMA) has accepted proposals from Heineken to address concerns that its purchase of 1,900 Punch Taverns – worth £403m in cash – would undermine competition in certain areas.

Carefully assessed: Heineken's proposals to address CMA concerns have been accepted

How can tied pubs still host beer festivals?

11-Aug-2017 - The hot summer weather may be but a distant memory, but for many pubs the arrival of summer is hailed as the perfect opportunity to increase trade and footfall by...

London pub reopens following £100,000 Punch investment

06-Jul-2017 - A London pub has reopened following a £100,000 investment from Punch Taverns and with two new publicans at the helm.

Heineken to sell a number of pubs as part of Punch deal

27-Jun-2017 - Heineken has offered to sell a number of pubs in 33 areas across the UK “to preserve competition and ensure customers in these locations do not lose out” as part...

A breath of fresh air: how the smoking ban has changed the pub trade

19-Jun-2017 - The smoking ban became a fact in England on 1 July 2007 with an unprecedented impact for pubs. But how has the trade changed in the past 10 years since...

CMA finds Heineken-Punch deal ‘reduces competition in 33 areas’

13-Jun-2017 - Heineken’s proposed acquisition of 1,900 Punch pubs “could reduce competition in 33 areas across Britain”, according to an initial investigation by the Competition and Markets Authority (CMA).

Low MRO numbers caused by 'complex and convoluted procedures'

05-Jun-2017 - Billed as a ‘new dawn’ for tenants last July, take-up for the market-rent-only (MRO) option has proved slow ever since. What has gone wrong with this critical tenet of the...

PCA to examine claims pubcos ‘inhibit’ tenant access to MROs

02-Jun-2017 - The office of Pubs Code Adjudicator (PCA) Paul Newby has approached industry bodies for evidence following concerns pubcos could be inhibiting tenant access to the market-rent-only (MRO) option.

Licensee complains to Punch after debt collectors ‘steal’ property

26-May-2017 - A licensee has complained to the chief executive of Punch pubco, claiming her personal property was “stolen” last month by the representatives of a debt collection firm used by Punch.

Meagre MRO take up across major pubcos

26-May-2017 - Only eight licensees have taken up the market-rent-only (MRO) option across five of the six pubcos governed by the pubs code since it came into force in July 2016.

Punch strikes distribution deal with Marston’s

24-May-2017 - Punch will change its delivery service ahead of its proposed takeover by Heineken and Patron Capital, following current distributor Carlsberg’s announcement to withdraw its UK delivery service.

Vauxhall site reopens following refurb

15-May-2017 - The Vauxhall Griffin in Vauxhall, south London, has reopened following a £337,000 refit.

Punch brings back free pint promo

12-May-2017 - Punch has announced the return of its free drinks promotion in partnership with Carling, Stella and Rekorderlig Cider.

Punch updates tenants on Heineken bid

11-May-2017 - Punch has emailed its tenants to tell them that the sale of 1,900 pubs to Heineken is expected to be completed before the end of August.

Six biggest tenanted pubcos to honour new planning laws early

04-May-2017 - The six biggest pubcos have agreed to honour new planning legislation ahead of it coming into force in July.

Investigation of Punch takeover extended again

21-Apr-2017 - Heineken's proposed purchase of 1,900 Punch pubs has for the second time had its investigation by The Competition and Markets Authority (CMA) extended.

Punch honours seven pubs for community spirit

11-Apr-2017 - Punch has praised tenants from the company’s Mercury division in the north of England and Wales in a special awards ceremony to celebrate top performance.

Star Pubs & Bars licensees back Punch takeover

31-Mar-2017 - Heineken’s proposal to take over 1,900 Punch pubs received a morale boost as licensees from its tenanted-arm Star Pubs & Bars voiced support for the deal.

CMA extends investigation into Punch-Heineken deal

28-Mar-2017 - The Competition & Markets Authority (CMA) has extended its investigation into Heineken’s bid to take over 1,900 Punch pubs.

Punch welcomes care home residents with free carvery dinners

03-Mar-2017 - Pubco Punch has hosted a free carvery for residents and carers at its pub the Blacksmiths Arms, in Burton-upon-Trent, as part of an ongoing initiative to give something back to...

Punch grows Village Pub & Kitchen estate

24-Feb-2017 - Punch has grown its Village Pub & Kitchen format to seven sites and is assessing its estate for the next stage of rollout, MCA has learnt.

Punch-Heineken deal to be investigated by CMA

16-Feb-2017 - The Competition and Markets Authority (CMA) has officially launched an investigation into Heineken’s proposed acquisition of 1,900 Punch pubs.

Punch shareholders back Heineken/Patron bid

10-Feb-2017 - Punch shareholders have overwhelmingly backed the Patron/Heineken bid to acquire the company in a deal valuing the UK’s second biggest pub company at £1.8bn.

Heineken issues full assurances to Punch tenants

10-Feb-2017 - Heineken has made further assurances to Punch tenants that there are no plans to force them to buy solely Heineken products.

Punch tenants won’t be forced to buy only Heineken products

09-Feb-2017 - Star Pubs & Bars managing director Lawson Mountstevens has assured current Punch tenants they will not be forced to buy solely Heineken products.

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