Stock Market

Selling: BrewDog has been in talks about selling part of the business

BrewDog admits talks to sell almost a third of business

By James Wallin, MCA

Scottish brewer and pub operator BrewDog has admitted it is considering the timescale for a potential initial public offering (IPO) and has been in discussion with investors about selling almost a third of the company.

AB InBev to bid for SABMiller

AB InBev to bid for SABMiller

By Ruth Williams, MC Allegra FS

Anheuser-Busch InBev - the brewer of Budweiser and Stella Artois - has informed SABMiller - which produces Grolsch and Coors among others - it intends to make a proposal to acquire the latter brewing brand in a deal that would make a joint market cap...

Video: Brewdog's 'fat cat' stunt

Video: Brewdog's 'fat cat' stunt

By James Evison

Brewdog celebrate meeting £5m through its 'equity for punks' crowdfunding scheme with taxidermy stunt over City of London.

BrewDog starts doing breakfast

Pub food

BrewDog starts doing breakfast

By M&C Report

BrewDog is making its first foray into the breakfast market at its Leicester site, which opened yesterday.

The Three Horseshoes in Hereford is one of British Country Inns' pubs

British Country Inns expects shareholder sell-off

By James Wallin

British Country Inns (BCI) expects that “a large number” of its shareholders will look to sell up when its shares are placed on the on-line trading platform Asset Match, with a minority selling at a discount, chairman Martin Sherwood has said.

Punch Taverns has launched its long-awaited financial restructure

Punch launches proposed debt restructure

By John Harrington, M&C Report

Punch Taverns has announced the launch of its restructure, which had been delayed from last Monday, saying that its new structure is set to be in place from 8 October subject to approval from creditors.

BrewDog's Equity for Punks raised £1m in just 24 hours

BrewDog to launch shareholder platform

By John Harrington

BrewDog, the Scottish brewer and pub operator, is to launch a platform for its shareholders to buy and sell their shares in the company.

BrewDog: it has raised £3m

BrewDog raises £3m in share issue

By John Harrington

BrewDog, the Scottish brewer and pub operator, has raised £3m of its fundraising £4m target under its latest crowdfunding scheme in about 10 weeks.

Property agent Fleurets pedicts more activity next year

Fleurets predicts major pub deals in 2013

By John Harrington

Major deals in the pub market are likely to surface in 2013 after a slowdown in the past year, according to Fleurets in its annual review of the pub sector.

Pub company CEO defends business model: Part 3

Pub company CEO defends business model: Part 3

By Robert Sayles

Last week the city was rocked by news that recently retired pubco CEO and long time friend Roland Rodent had emerged from retirement to oust his successor William Weasel following a shareholder revolt.

Withdrawal: Piedmont backs out of M&B deal

Piedmont withdraws interest in M&B

Piedmont, the investment vehicle of Bahamas billionaire Joe Lewis, has withdrawn its interest in Mitchells & Butlers (M&B), the managed pub operator.

M&B: subject to takeover speculation

M&B: The case for Joe Lewis

By The PMA Team

Everybody has a view on Bahaman billionaire Joe Lewis and his tenure on the share register of M&B. Last Thursday, at an Association of Licensed Multiple Retailers debate in Cambridge, former Novus chairman John Barnes was to be found among those not...

Greene King: managed house strategy delivering growth

Greene King: managed pub sales continue growth

By Ewan Turney

Greene King has announced a like-for-like uplift in sales of 2.6% for the 18 weeks to 4 September on last year in its managed house division driven by a strong performance over the last 10 weeks.

Marston's: support from analyst

Analyst backs Marston's growth

By John Harrington, M&C Report

A leading sector analyst has said Marston's management was right to shift in 2009 from a dividend play to growth story.

Fuller's: disappointed with bid rejection

Capital Pub Co rejects Fuller's bid

By Ewan Turney

London brewer and pub operator Fuller's has had a £53.9m bid for the 34-strong Capital Pub Company rejected. Fuller's has had two bids rejected and urged Capital to engage in discussions.

Pubs: an investment opportunity, says Paul Hickman

Pub sector on upward course

By Mark Wingett, M&C Report

The view that the UK pub market is over-indebted and under-performing is at least two years out of date, says a new report.

Harrison: under fire

New Whitbread boss comes under attack

By The PMA Team

Andy Harrison, the soon-to-be chief executive at Whitbread, has been heavily critcised by Sir Stelios HajiIoannou, the founder of easyJet, the...

M&B: regrets December sacking

M&B says sorry to sacked non-executives

By The PMA Team

Mitchells & Butlers (M&B), the managed pub operator, has expressed regret for the sacking last December of four non-executive directors it...

Number of UK nightclubs down by 13%

Recession takes toll on nightclub trade

By Mark Stretton, M&C Report

The nightclub sector is struggling even more than the pub sector. Mark Stretton take a look at what's going on. Analysts tend to make company profit...

JDW: According to an analyst it will grow its estate to 1,500 sites.

Analyst: Wetherspoon to double pub estate

By The PMA Team

JD Wetherspoon is on course to double the size of its pub estate and treble profits, according to City analyst Paul Hichman. The analyst, who works...

Dodds: hopes for community buy-out at the Sun and Doves in Camberwell

Fair Pint pub plans community buy-out

By Ewan Turney

A Fair Pint founding member is hoping to buy the freehold of his pub via a community buy-out. Mark Dodds leases the Sun & Doves in Camberwell,...

George & Dragon, Hudswell: villagers have re-opened

Hudswell villagers re-open pub

By Gemma McKenna

A group of villagers in North Yorkshire have clubbed together to buy their local pub — the George & Dragon in Hudswell. 70 out of the 200...