Allied Domecq to sell unit to Whitbread

Article Abstract:

Allied Domecq PLC has agreed to sell off its pubs unit in the UK to Whitbread PLC in a deal worth 2.4 billion pound sterling ($3.83 billion). The deal will enable Allied Domecq to concentrate on its spirits brands and on its fast-food chains, both of which are the company's core businesses. Allied Domecq owns the Dunkin' Donuts and Baskin-Robbins chains. Tony Hales, the chief executive of Allied Domecq, will resign his post once the deal is completed.

Comment:

Allied Domecq to sell pubs unit in UK to Whitbread in deal worth 2.4 billion pound sterling ($3.83 billion)

Beverages, Beverage Manufacturing, Beverage industry, Abstract, Whitbread PLC, Allied Domecq PLC

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Pubmaster fails to win U.K. brewer

Article Abstract:

Pubmaster's approximately hostile 485 million pound offer to acquire Wolverhampton and Dudley Breweries PLC has been rejected by shareholders. Wolverhampton claimed that Pubmaster was undervaluing the company.

Drinking places, Pubmaster

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Botts makes offer of 566 million pounds for British brewer

Article Abstract:

Botts and Co. has offered to acquire Wolverhampton and Dudley for up to 566 million pounds (943.7 million euros) in cash. Botts is a London-based equity company.

Botts and Co.

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