What the Sunday papers said

Related tags County estate management Takeover

Pubfolio, a 545-stong pub company run by County Estate Management is to hire bankers Rothschild to sell it for around £150m, according to the Sunday...

Pubfolio, a 545-stong pub company run by County Estate Management is to hire bankers Rothschild to sell it for around £150m, according to the Sunday Express. The pubs were originally acquired from Punch Taverns in January 2005 after it had bought the 800 pubs of InnSpired Group in September 2004. Heading the list of potential buyers is Admiral Taverns, with former InnSpired boss Peter Brook's InnDeeD pub group also believed to be interested. - Sunday Express

A ban on smoking while driving could be brought in to reduce the number of crashes on Britain's roads. Safety campaigners have called for action after seeing the success of a ban on using a mobile phone while driving. Campaigners point to concentration levels falling when drivers light up. - Sunday Express

Drink campaigners have slammed a new supermarket price war in which premium strength lager is being sold for as little as 68p a pint. Cut price deals, such as Sainsbury's selling of 20 bottles of 5 per cent strength Budweiser - equivalent to 68p a pint - have got MPs and pub industry leaders claiming are a reckless encouragement to binge drinking. But supermarket bosses say they aren't retailing irresponsibly and are simply offering good value for money. - Sunday Mirror

Private equity giant Permira is believed to be weighing up a £1bn hostile takeover bid for soft drinks group Britvic. An agreed deal between the two has already been ruled out and now Permira, which has a 14 per cent stake in Britvic, is lining up a top-flight management team to run the group if a bid is successful. - Mail On Sunday

Enterprise Inns is expected to report half year pre-tax profits of £148m on Tuesday, down from £153m in the same period last year, reports the Sunday Telegraph. It says the fall is due to the sale of 900 pubs. On Thursday, night club operator Luminar is also expected to announce a drop in its annual pre-tax profits, the paper says, from £43m last year to £39.24m, while on the same day brewer SABMiller is likely to post full year pre-tax profits up 20 per cent at £2.95bn. - Sunday Telegraph

SABMiller's shares have been going like a train thanks to its exposure to fast-expanding economies in South America, Asia and Africa. Unlikely to bid for Scottish & Newcastle, the group will go hunting for further opportunities in the 'newer' markets. - Observer

When it announces its annual results this Thursday SABMiller will tell the market that Colombia has emerged as its second most profitable territory after South Africa, thanks to the first full year contribution of its Bavaria operation in the country. - Sunday Times

Odds are shortening on Blackpool winning a Las Vegas-style super-casino in what would be a remarkable turnaround in fortunes for the down-at-heel seaside resort, says the Observer. Plans are emerging that will result in two super-casinos being presented to a committee of MPs within weeks. The idea will be to have one in Blackpool and one in Manchester, to placate MPs and Lords who blocked Culture Secretary Tessa Jowell's original plans. - Observer

And finally…

Tanqueray gin gets a name check in a song by "extravagantly beehived and liberally tattooed" singer Amy Winehouse, a plug not exactly welcomed by the brand's maker. "It's not something we'd really want to associate ourselves with," said a Tanqueray spokesman, who added he'd like someone like KT Tunstall to sing about them instead. - Observer

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KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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