Punch Taverns

Punch shareholders back Heineken/Patron bid

Punch shareholders back Heineken/Patron bid

By James Wallin, MCA

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.

Takeover: the Punch board will meet on Friday to discuss Heineken's bid

Heineken's Punch takeover not a blanket MRO trigger

By Liam Coleman

Heineken’s proposed deal to buy 1,900 Punch pubs will not act as an immediate blanket trigger for all the tenants to be able to request the market-rent-only (MRO) option, according to a letter from the pubs code adjudicator's (PCA) office.

Takeover: Heineken is now the sole bidder for 1,900 Punch pubs

Route clear for Heineken's Punch pubs takeover

By Liam Coleman

Heineken is now the only remaining bidder for a portfolio of 1,900 Punch pubs after rival bidder Emerald Investment confirmed that it would not pursue its bid further.

Revamp: The Cross Keys is undergoing a £160,000 investment

Punch pumps funds into Liverpool pubs

By Liam Coleman

Punch has announced plans to capitalise on an "exciting time for the city" of Liverpool by investing £450,000 in two of its city centre pubs.

Punch tenants want clarity over Heineken

Punch tenants demand clarification on Heineken deal

By Michelle Perrett

The Punch Tenant Network (PTN), the campaign group representing Punch licensees, has called on the pubs code adjudicator (PCA) to clarify the position if Heineken’s bid for the pub company is successful.