26-Nov-2008 By Ewan Turney
Managed operator Mitchells & Butlers (M&B) has suspended dividend payments to shareholders in a bid to reduce its levels of unsecured medium term debt.
Mitchells & Butlers suspends dividend payments to shareholders
26-Nov-2008 By Hamish Champ
Managed pub operator Mitchells & Butlers (M&B) has announced is to freeze dividend payments to its shareholders until December 2010 at the...
16-Oct-2008 By The PMA Team
Mitchells & Butlers is to rebrand its fast-expanding Pub & Carvery brand as Crown Carveries.
M&B stake sale: good news or just another frying pan/fire scenario?
13-Oct-2008 By Hamish Champ
When I heard of the latest goings-on concerning Mitchells & Butlers (M&B) and Robert Tchenguiz I couldn't help conjuring up the following...
08-Oct-2008 By Ewan Turney
Property tycoon Robert Tchenguiz sold his 25% stake in Mitchells & Butlers last night following the collapse of the Icelandic economy — British billionaire Joe Lewis is rumoured to have acquired the shares.
Tax exile acquires Mitchells & Butlers stake
08-Oct-2008 By Hamish Champ
Billionaire property developer and tax exile Joe Lewis has been confirmed as the buyer of most of Robert Tchenguiz's stake in Mitchells & Butlers...
Robert Tchenguiz "sells M&B stake
08-Oct-2008
Property tycoon Robert Tchenguiz is reported to have sold his 29.7 per cent stake in managed pub group Mitchells & Butlers (M&B).The Daily...
08-Oct-2008 By Ewan Turney
Mitchells & Butlers has confirmed that R20's Aaron Brown and Tim Smalley have stepped down as non-executive directors after Robert Tchenguiz sold...
23-Sep-2008 By Ewan Turney
Managed operator warns of "substantial" cost increases ahead but reveals a 4.8% increase in same outlet like-for-like food sales for the year as demand for its value formats continues to rise.
Food and value driving sales growth, says M&B
23-Sep-2008 By Hamish Champ
Managed pub operator Mitchells & Butlers (M&B) has said rising demand for food in its pubs helped push sales up during August and...
19-Sep-2008 By The PMA Team
Realpubs is understood to have acquired three freehold London pubs from Mitchells & Butlers in deal estimated to be worth in the region of £7m....
Ember Inns runs 10km for charity
01-Aug-2008
Staff from Ember Inns South joined forces to compete in the recent Bupa Great Capital Run.The 120 members of the team ran 10km run through Hyde Park...
31-Jul-2008 By Ewan Turney
Mitchells & Butlers (M&B) is to swap 21 of its hotels for 44 Whitbread pub restaurants in a straight asset swap worth £78m.
Whitbread and M&B in hotel/pub asset swap
31-Jul-2008 By Hamish Champ
Whitbread has agreed to swap 21 hotels owned by Mitchells & Butlers (M&B) and currently operating as Express by Holiday Inn sites in exchange...
25-Jul-2008 By Ewan Turney
Mitchells & Butlers (M&B) has reported a 1.1% rise in like-for-like sales for the 10 weeks to 19 July fuelled by its value food offering.
Food sales driving M&B growth
25-Jul-2008
Mitchells & Butlers (M&B) has reported an increase in sales across the 10 weeks to July 19, with its succesful drive to take more share from...
M&B's R20 representatives on board 'will distract', says analyst
17-Jul-2008
A lot of people seem a little uncomfortable with Mitchells & Butlers' (M&B) newest non-executive director appointees. Aaron Brown and Tim...
30-Jun-2008 By The PMA Team
Mitchells & Butlers (M&B) biggest shareholder Robert Tchenguiz has reiterated his view that the company should pursue the route of converting...
Will Tchenguiz do another Laurel on M&B?
19-Jun-2008
The Iranian-born investor's forceful business approach over M&B is focused on the short term, says The PMA Team A few years back, Mitchells &...
12-Jun-2008 By The PMA Team
Mitchells & Butlers (M&B) activist investor Robert Tchenguiz has upped his total holding in the company to 29.77%
M&B displays pub-food strength
01-Jun-2008
Mitchells & Butlers (M&B) has reported strong food sales growth in its interim results. The company recorded a like-for-like food sales...
29-May-2008 By James Shorthouse
Christie+Co's James Shorthouse considers whether the Reit conversion is the right way forward
17 Adam Fowle managing director, Mitchells & Butlers (M&B) Restaurants (new entry) Mike Bramley managing director, Mitchells & Butlers Pubs & Bars (18)
29-May-2008
Why they are on the list: Bramley runs M&B's predominantly wet-led pubs, which sport recognisable high-street names such as O'Neills, Flares and...
R20 staffers to join M&B
22-May-2008 By The PMA Team
Company confirms wish to become Reit
20-May-2008 By The PMA Team
A leading City analyst has poured cold water on its plan to convert to real estate investment trust status
20-May-2008 By Ewan Turney
Managed operator wants Reit conversion to maximise property value
'Loss-making Mitchells & Butlers wants to become a REIT'
20-May-2008
Mitchells & Butlers has reported a first-half net loss of £87 million. The owners of O'Neill's and Browns said it plans to split its property...
R20 gets two seats on M&B board
20-May-2008 By Hamish Champ
Mitchells & Butlers (M&B) has bowed to pressure from major shareholder Robert Tchenguiz and appointed not one but two of his lieutenants to...
'Tchenguiz's man to get seat on M&B board'
18-May-2008
Mitchells & Butlers (M&B) will this week bow to pressure from Robert Tchenguiz, the pubs and property tycoon, by handing one of his key...
08-May-2008 By The PMA Team
Private equity boss Jon Moulton rails against M&B and Tchenguiz deal
'M&B in discussions with private equity firms'
25-Apr-2008
Mitchells & Butlers is in discussions with private equity investors about the sale of a sizeable stake "at a material premium to the current...
M&B warned Spirit not for sale
20-Apr-2008 By Hamish Champ
Relations between Punch Taverns and Mitchells & Butlers (M&B) sank to a new low last week as the pair fell out over the future of Punch's...
Punch rejects M&B move for Spirit
18-Apr-2008
Punch Taverns has firmly rejected the approach by Mitchells & Butlers (M&B) for the managed Spirit pub operation.Punch, the UK's biggest...
M&B to up recycling
17-Apr-2008
Mitchells & Butlers (M&B) plans to recycle more after the British Beer & Pub Association (BBPA) called for pubs to be greener. Waste...
M&B steady as Tchenguiz mulls stake sale
16-Apr-2008 By Hamish Champ
Shares in Mitchells & Butlers (M&B) remained steady today as press reports spoke of a move by Robert Tchenguiz to sell his 23 per cent...
14-Apr-2008 By Ewan Turney & The PMA Team
Mitchells & Butlers is in talks to acquire Punch's managed division Spirit Group
M&B launches bid for Spirit Group
14-Apr-2008 By Hamish Champ
Mitchells & Butlers (M&B) has launched an audacious bid for Spirit Group, the managed pub estate owned by Punch Taverns.M&B proposes that...
11-Apr-2008
Mitchells & Butlers plans to ramp up its recycling programme
'M&B shares hit three-year low'
10-Apr-2008
Shares in Mitchells & Butlers hit a three-year low yesterday as the pub group warned cash-strapped drinkers would continue to thirst for cheap...
09-Apr-2008 By Ewan Turney
Mitchells & Butlers has reported a 4.8% growth in food sales for the 27 weeks to 5 April
M&B reports "resilient" first half sales
09-Apr-2008 By Hamish Champ
Despite withering criticism over its botched property joint venture, managed pub operator Mitchells & Butlers (M&B) has claimed "resilient...
What now for M&B?
07-Apr-2008 By Hamish Champ
As one long-running industry takeover saga drew to a close - to wit, Scottish & Newcastle finally succumbing to the Saxon hordes - interest in...
01-Apr-2008 By Ewan Turney
The Anderton Arms in Fulwood, Lancashire has been crowned Mitchells & Butlers Heart of the Community Pub of the Year. The Ember Inns outlet...
28-Mar-2008 By The PMA Team
One observer believes there is a feeling that M&B management has been going through the motions
Punch Taverns withdraws M&B merger plans
28-Mar-2008 By Hamish Champ
Punch Taverns has given up on its ambitious plan to merge with Mitchells & Butlers.The group said this morning that discussions "have led the...
M&B: City analyst issues warning
27-Mar-2008 By The PMA Team
A City analyst, Paul Hickman, of KBC Peel Hunt, has sounded a warning about the economic climate and how it will impact on Mitchells & Butlers....
'Mitchells & Butlers denies it has hit cash crisis'
20-Mar-2008
Mitchells & Butlers, which effectively put itself up for sale this year, went on the attack yesterday after a City analyst alleged the pub...
M&B shares slide after gloomy analyst report
19-Mar-2008 By The PMA Team
Mitchells & Butlers shares tumbled by 18% at one stage this morning after an analyst's note suggested it may be short of cash. The company fell...
M&B rejects analyst's cash crisis claims
19-Mar-2008 By Hamish Champ
Mitchells & Butlers (M&B) has rejected comments from a City analyst that it will have to cut investment in the business.In an investment note...
17-Mar-2008 By The PMA Team
Managed pubs operator Mitchells & Butlers (M&B) is looking at selling a stake in the business to bolster its balance sheet, according to reports.
