Sunday, April 20, 2008

Blackpool Tower

Trevor Hemmings the Blackpool Tower owner has bough a 3% stake in Mitchells & Butlers.

Hemmings hospitality empire consists of approximately 600 pubs, including 102 he already acquired from M&B for £101m two years ago.

Buying stake in M&B was only to be for an investment purpose. Punch and M&B would have 10.5k pubs together.

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