Need to Know: M&B May Sell Stake to Stay Independent

The Scotsman › April 16, 2008

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Summary

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 sheet, according to a weekend newspaper report.

The group has become a takeover target after making a disastrous GBP 274 million loss on transactions relating to a property deal it was forced to abandon last year.

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Need to Know: M&B May Sell Stake to Stay Independent

Now the firm is ...

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