Punch Taverns PLC Share News (PUB)
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PUBWed, 31st Aug 2016 09:35
Oct 2 (Reuters) - Punch Taverns Plc said it had received approval from Lloyds Bank Plc for its plan to restructure its 2.3 billion pound ($3.7 billion) debt. The pub operator said in August that owners of 65 percent of its notes supported the plan, but that it had yet to secure the backing
Read more(Recasts with Spirit statement, updates shares) By Neil Maidment LONDON, Sept 23 (Reuters) - British pub chain Spirit Pub Co said it had rejected a 661 million pound ($1.08 billion) takeover approach from rival Greene King, reasoning it undervalued the company and its "attractive pro
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While it casts about for a replacement for recently defenestrated chief Chris Finlayson BG Group is set move along with plans to shrink its international holdings. That is now understood to include its entire 60% holding in exploration Block 3 offshore Tanzania, while holding on to similar stakes in
Read morePunch Taverns, the Burton upon Trent-based pub and bar operator, announced the full terms of its restructuring proposals on Monday, as it seeks to reduce its £2.26bn debts. In an official statement, the company said the proposals were broadly similar to those announced last week, which were delayed
Read moreAug 18 (Reuters) - Punch Taverns Plc said owners of about 65 percent of its notes now supported its plan to restructure about 2.3 billion pounds ($3.9 billion) of debt, up from about 59 percent in June. Punch, which began the process of restructuring its debt in 2012, said shareholders cont
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