Headlines

Sales results: Trading has been 'volatile' for the managed pub company

Mitchells & Butlers: Trading has been 'volatile'

Mitchells & Butlers (M&B), the operator of managed restaurants and pubs including Harvester, Toby Carvery and Nicholson's, has revealed sales have been “volatile” since full reopening on Monday 17 May.

Portfolio increase: the deal sees Admiral's estate grow to about 1,600 sites (image: Getty/VioletaStoimenova)

Admiral acquires Hawthorn for £222.3m

Hawthorn, the Community Pub Company has been sold to Admiral Taverns for an expected gross aggregate cash consideration of about £222.3m, taking the latter’s estate to more than 1,600 sites.

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