Punch Taverns in Â£169m pub deal
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Punch Taverns, the UK's biggest pub operator, buys the Mill House Inns chain for Â£169m from Bank of Scotland.
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The pound was firmer, hitting 1.9846 usd at one point -- its highest level this year, on news of a major stock market acquisition and as markets scaled back their interest rate cut expectations. Scottish & Newcastle, the UK's largest brewer, announced it has agreed to be bought by Carlsberg and Heineken, for around 7.6 billion pounds.
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Business & money: Â· Luke Johnson pays initial Â£10m for 70 shopsÂ· Staff to get private-equity style bonus scheme
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LONDON - The owner of the 15th-century White Hart pub in sleepy Fyfield, near Oxford in southern England, was not amused this week when 14 well-dressed young men showed up, ate salmon and steak, and started to brawl. "It was very peculiar.
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Business & money: Â· Grocer buys Dobbies chain with surprise Â£156m dealÂ· Stores will retain name to avoid 'Tescofication' fears
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Australia&#39;s second-largest brewer yesterday announced an agreement to sell its three Yangtze River Delta breweries to an SABMiller-China Resources Enterprises joint venture for $219 million.
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An off-licence chain is braced for an onslaught of bargain-hunting drinkers as an online discount voucher is downloaded by millions.
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Pub group Mitchells & Butlers reports growing food sales and strong trading over the festive period.
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Union and business leaders seek reassurance after the UK's biggest brewer accepted a takeover offer.
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Punch Taverns has reinforced its position as Britain&#39;s second-largest pubs operator, adding another 1,000 outlets in a deal worth 335 million pounds including debt.
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Honda has bought a 40 per cent chunk of Formula One team BAR, numerous media outlets claimed on Wednesday. Brackley-based BAR, presently owned by British American Tobacco, agreed a deal - said to involve the
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Scottish & Newcastle enters talks with Carlsberg and Heineken after an improved 800p-per-share bid proposal.
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Scottish & Newcastle is to market the remainder of its lease over a 7,300sqft office space off St James' Boulevard.   The Edinburgh-based brewer took a 15-year lease over the space at Hanro's Citygate development in March 2002.
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Brewer Scottish & Newcastle said Friday it had accepted a 7.8 billion pound takeover bid by Carlsberg of Denmark and Heineken of the Netherlands.
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Scottish and Newcastle Plc., Britain's biggest brewer, is to buy 37.5 percent of India's United Breweries Ltd in a deal worth 4.66 billion rupees (&#36;106 million), the two companies said on Sunday.
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Brewer Scottish & Newcastle said Thursday it was in talks with a view to being taken over by Danish group Carlsberg and Dutch peer Heineken for 7.8 billion pounds.
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Business & money: Bidders begin stalking Mitchells & Butlers after pub operator announces Â£422m of losses