M&B to sell Hollywood Bowl for £39m August 9, 2010 PUBS and restaurants group Mitchells & Butlers (M&B) is selling its Hollywood Bowl ten-pin bowling business to AMF Bowling for £39m ($62m). Hollywood Bowl’s 24 sites will be added to its current 33 UK bowling centres. M&B is selling “non-core businesses” to focus on its pub businesses, which include Harvester, Toby Carvery, Vintage Inns and [...]
M&B to sell Hollywood Bowl for £39m August 9, 2010 PUBS and restaurants group Mitchells & Butlers (M&B) is selling its Hollywood Bowl ten-pin bowling business to AMF Bowling for £39m ($62m). Hollywood Bowl’s 24 sites will be added to its current 33 UK bowling centres. M&B is selling “non-core businesses” to focus on its pub businesses, which include Harvester, Toby Carvery, Vintage Inns and [...]
M&B to sell Hollywood Bowl for £39m August 9, 2010 PUBS and restaurants group Mitchells & Butlers (M&B) is selling its Hollywood Bowl ten-pin bowling business to AMF Bowling for £39m ($62m). Hollywood Bowl’s 24 sites will be added to its current 33 UK bowling centres. M&B is selling “non-core businesses” to focus on its pub businesses, which include Harvester, Toby Carvery, Vintage Inns and [...]
M&B to offload pubs for £373m August 20, 2010 Pubs and restaurants group Mitchells & Butlers (M&B) has announced plans to sell 333 pubs as it concentrates on its premises offering food. The pubs are being sold to Stonegate Pub Company – which is controlled by TDR Capital – for £373m. Earlier this month, M&B announced the sale of its Hollywood Bowl 10-pin bowling [...]
THE TIPSTER September 22, 2010 Mitchells & Butlers has lost ground this month despite last week reporting it is paying around £20m for 22 Ha Ha Bar & Grill restaurants. Can today’s trading update, which analysts expect to provide positive news, help lift the stock back up above the 300p level? ShortsandLongs.com has a rolling spread of 294.5p-296.1p. The afterglow [...]
TGI FRIDAY’S IN BUYOUT DEAL July 29, 2010 Restaurant chain TGI Friday’s is poised for UK expansion after hospitality group Carlson bought out its British partner for £60m. Carlson, which already operates TGI in the US and across the globe, bought the 60 per stake it did not already own from private equity group AAC Capital Partners. Carlson said it is investing $100m [...]
Find yourself the perfect snowy bolthole October 28, 2010 AFTER reports this week that the UK economy has sharply bounced back from recession, confidence has returned to the second home market and those with a penchant for skiing can’t help but turn their attention Alps-ward – especially as the first snowfall of the season came two days ago. “We’ve seen an increase in demand [...]
Find yourself the perfect snowy bolthole October 28, 2010 AFTER reports this week that the UK economy has sharply bounced back from recession, confidence has returned to the second home market and those with a penchant for skiing can’t help but turn their attention Alps-ward – especially as the first snowfall of the season came two days ago. “We’ve seen an increase in demand [...]
Go surf ‘n’ turfing in Farringdon August 18, 2010 Redhook 89 Turnmill Street, EC1M 5QU Tel: 020 7065 6800 FOOD SERVICE ATMOSPHERE Cost per person without wine: £40 THE restaurant industry has a huge crush on Farringdon. Farringdon is the cool girl that couldn’t care less, twiddling her hair and looking this way and that, with her grimy streets and warehouse-style apartment buildings. The [...]
M&B sales hit by World Cup July 22, 2010 PUBS and restaurants group Mitchells & Butlers said yesterday sales growth slowed in June and July as diners were lured away by the attraction of the World Cup. M&B, which has over 2,000 pubs and restaurants and whose brands include Harvester, All Bar One and Toby Carvery, said the World Cup had a “negative impact” [...]