'M&B could sell stake to private equity firms'
17-Mar-2008
All Bar One and O'Neill's pubs operator Mitchells & Butlers could sell a stake in the business to private equity firms to shore up its balance...
Punch Taverns still pushing for M&B deal
17-Mar-2008 By Hamish Champ
Punch Taverns remains confident it can convince the Mitchells & Butlers (M&B) board, the managed pub group's investors and its own...
M&B appoints US consultants to look at business plans
12-Mar-2008 By Hamish Champ
Mitchells & Butlers is determined to press on with its strategic review, despite rumblings from some of the group's shareholders about the...
Punch Taverns in M&B talks with private equity firms
10-Mar-2008 By Hamish Champ
Punch Taverns has refused to rule out teaming up with private equity groups to ensure its proposed merger with Mitchells & Butlers (M&B) goes...
'M&B says Carr to step down after review'
27-Feb-2008
Roger Carr will step down as chairman of Mitchells & Butlers on completion of its strategic review, due by the end of May, the pub group...
Drummond Hall appointed M&B deputy chairman
26-Feb-2008 By Hamish Champ
Mitchells & Butlers (M&B) has appointed Drummond Hall, its senior independent non-executive director, to the position of deputy chairman with...
Private equity firms plan bid for M&B
21-Feb-2008 By The PMA Team
Private equity groups Blackstone and CVC are planning a bid for Mitchells & Butlers (M&B) that would see the company being taken private....
18-Feb-2008 By The PMA Team
Private equity groups Blackstone and CVC are planning a bid for Mitchells & Butlers (M&B) that would see the company being taken private....
No truth in Clarke/Thorley reports, says Mitchells & Butlers
18-Feb-2008 By Hamish Champ
Mitchells & Butlers (M&B) has denied weekend press reports suggesting that chief executive Tim Clarke would play no part in the group should...
'Buyout firms want M&B shareholders to keep half the business'
18-Feb-2008
Blackstone and CVC Capital Partners, the private equity firms, are understood to be planning a bid for the pubs group Mitchells & Butlers that...
13-Feb-2008 By The PMA Team
Mitchells & Butlers is to reverse an experiment that has seen new Vintage openings "unbranded"
Mitchells & Butlers property deal still on the cards
11-Feb-2008 By Hamish Champ
A number of shareholders in Mitchell's & Butlers (M&B) are said to be still hoping for a property deal to revitalise the value of their...
07-Feb-2008 By The PMA Team
MA deputy editor The PMA Team considers a disastrous 12 months for Mitchells & Butlers
City diary special: M&B
07-Feb-2008 By The PMA Team
Those hedge losses in layman's terms Last week's belated closure of the Mitchells & Butlers (M&B) hedge position - at a pre-tax cost of...
City expects Punch/M&B merger to go through
07-Feb-2008 By Hamish Champ
Despite Mitchells & Butlers (M&B) claiming it is 'open to offers', City experts expect shareholders to okay Punch Taverns' merger proposal,...
Punch Taverns proposes merging with Mitchells & Butlers
04-Feb-2008 By Hamish Champ
Punch Taverns has proposed merging with Mitchells & Butlers (M&B) to form a pubco nearly two thirds larger than its nearest rival.In a...
Mitchells & Butlers: the new S&N?
03-Feb-2008 By Hamish Champ
After M&B last week admitted to losing hundreds of millions of pounds in a hedge gone wrong (the most I ever lost in a hedge was a football), the...
31-Jan-2008 By The PMA Team
MA deputy editor The PMA Team says the carvery is key to M&B's strategy again
M&B's £400m mess
31-Jan-2008 By The PMA Team
Mitchells & Butlers (M&B) finance director Karim Naffah has resigned after the company closed its controversial hedge position at a cost of...
31-Jan-2008 By The PMA Team
Mitchells & Butlers board given a rough ride at a stormy shareholder meeting
29-Jan-2008 By The PMA Team
M&B's Karim Naffah resigns after the company closed a hedge position at a cost of £274m
Tim Clarke says M&B could hit the acquisition trail
29-Jan-2008 By Hamish Champ
In spite of announcing losses of £274m today, Mitchells & Butlers (M&B) believes it can exploit the recent poor run of trading from its...
M&B now a takeover target, says City
29-Jan-2008 By Hamish Champ
Shares in Mitchells & Butlers (M&B) rose five per cent today despite the group revealing more than a quarter of a billion pounds-worth of...
29-Jan-2008
A leading analyst has called the £274m post-tax loss incurred by Mitchells & Butler from the closure of its controversial hedge fund a...
Collyer: ditch M&B Reit plan
17-Jan-2008 By The PMA Team
Another leading City analyst has called on Mitchells & Butlers (M&B) to abandon for now its proposals to hive off its property assets into a...
10-Jan-2008 By The PMA Team
Geof Collyer has called on M&B to abandon its proposals to hive off its property assets into a separate vehicle
02-Jan-2008 By The PMA Team
A leading analyst claims Mitchells & Butlers bosses have created a conflict of interest by deferring bonuses until the operating company/property company joint venture is complete
13-Dec-2007 By The PMA Team
A leading City analyst has issued his most outspoken call for Mitchells & Butlers to drop plans to hive off freeholds into a Real Estate...
Bullish M&B tighten the screw
07-Dec-2007 By The PMA Team
In May, Mitchells & Butlers (M&B) boss Tim Clarke was talking about the mounting pressure on middle-class incomes.
Tim Clarke defends Mitchells & Butlers' record
29-Nov-2007 By Hamish Champ
Mitchells & Butlers (M&B) chief executive Tim Clarke defended the record of the group's senior management today, after announcing a new...
Mitchells & Butlers remains committed to property deal
29-Nov-2007 By Hamish Champ
Despite posting a hedging loss of £180m over its proposed property joint venture with shareholder Robert Tchenguiz, Mitchells & Butlers...
29-Nov-2007 By Mark Wingett
Mitchells & Butlers is giving "serious consideration" to converting to a Real Estate Investment Trust (Reit) in order to unlock the value of its...
'Punch Taverns lining up a merger with Mitchells & Butlers'
25-Nov-2007
Punch Taverns has approached investors in Mitchells & Butlers (M&B) about plans to mount a £5bn merger that would create Britain's biggest...
M&B's Karim Naffah gets board's "full support
27-Sep-2007 By Hamish Champ
Despite mounting hedge-related losses resulting from its postponed property joint venture with R20, Karim Naffah, Mitchells & Butlers' (M&B)...
27-Sep-2007
Mitchells & Butlers has reported an increase in like-for-like sales since the smoking ban was introduced. The company also said it would press on...
25-Sep-2007
Mitchells & Butlers will open its first pub restaurant, designed to be as energy efficient as possible, at the Toby Carvery, Banbury. The pub...
Hedging losses rise to £140m at M&B
20-Sep-2007 By Mark Wingett mark.wingett@william-reed.co.uk
The hedging loss from Mitchells & Butlers's (M&B) postponed property joint venture (JV) with Robert Tchenguiz's R20 has increased to £200m...
17-Sep-2007
Mitchells & Butlers statement on press reports
M&B's £140m property deal loss
17-Sep-2007 By Hamish Champ
Shares in Mitchells & Butlers (M&B) plunged nearly five per cent to 589p this morning as the group fought back at weekend press claims that...
Critics question M&B's jv
09-Aug-2007 By The PMA Team
Management at Mitchells & Butlers (M&B) has come in for sharp criticism in the wake of the decision to put its joint-venture property...
Psychic grabs M&B by the crystal balls
09-Aug-2007
Snifter was fascinated this week by the story of an Ilford psychic, who says she was banned from her local after complaining when a woman ripped a...
02-Aug-2007 By The PMA Team
Mitchells & Butlers (M&B) has put on hold its plan to place most of its pub freeholds into a joint venture company owned in partnership with Robert Tchenguiz "until debt markets have improved".
02-Aug-2007 By Mark Wingett of M&C Report
Mitchells & Butlers has announced that it has postponed its proposed property joint venture with Robert Tchenguiz
02-Aug-2007 By The PMA Team
A senior City analyst has claimed a question mark hangs over Mitchells & Butlers management's credibility after the halting of the joint venture...
Shares fall again following M&B property move
02-Aug-2007 By Hamish Champ
Greene King's shares fell today to their lowest point since October last year as the markets digested the postponement of Mitchells & Butlers'...
Mitchells & Butlers halts R20 joint venture
02-Aug-2007 By Hamish Champ
Shares in Mitchells & Butlers (M&B) fell 30p this morning after the managed pub group announced it was putting its £4.5bn property joint...
M&B's underage policy gets results
19-Jul-2007
Staff in Mitchells & Butlers (M&B) pubs are refusing service to 50,000 young people each month, thanks to the company's beefed up alco-hol...
Mitchells sells hotels to focus on pubs
12-Jul-2007 By Tony Halstead THals22851@aol.com
North West independent Mitchells of Lancaster is selling off two of its larger hotels and leasing a third to allow a more focused approach to its...
Mitchells sells hotels to allow pub focus
06-Jul-2007 By The PMA Team
North West independent Mitchells of Lancaster is selling off two of its larger hotels and leasing a third to allow a more focused approach to its...
28-Jun-2007 By The PMA Team
Mitchells & Butlers (M&B) is rolling out a new trading concept called Cornerstone after successful trials.
