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Bass

Bass is to change its name to Six Continents, in order to reflect its transformation from a brewery into an international hotels group. 28-Jun-2001

Ann Street Group is acquiring nine Jersey pubs and the Channel Islands wholesale distribution business of Bass for £10m. 19-Jun-2001

Bass is looking to spend up to £3bn on acquisitions and is particularly interested in expanding the Holiday Inn chain in Europe and the Crowne Plaza and Inter-Continental chains in the US. 25-May-2001

Bass is buying the Regent Hong Kong Hotel from New World Development Company for £241m, and the property will become its fourth Inter-Continental hotel in China. 22-May-2001

Bass is planning to launch a chain of upmarket pizzerias, with the first opening in Guildford in autumn. 21-May-2001

Bass, Allied Domecq and Whitbread are said to be planning to sell their Britvic soft drinks joint venture. 02-Mar-2001

Bass is planning to double the size of its hotel operations in Europe, the Middle East and Africa, reaching 1,000 sites by 2006. 28-Feb-2001

Bass Retail Leisure and PMG Developments are planning to build a Holiday Inn Hotel with 80 bedrooms on the site of the former Llandarcy sports club, and an application will be submitted to Neath Port Talbot Council. 23-Feb-2001

Bass is to sell 988 unbranded pubs to Nomura International for £625m, and Nomura is expected to convert them from managed to tenanted outlets over the next two years. 14-Feb-2001

Bass is said to be in negotiations with Nomura International and Legal & General Ventures about the sale of its pub estate, which is expected to raise up to £700m. 23-Nov-2000

Bass is to review the future of up to 1,000 of its 3,000 pubs, following a decline in sales in some of the smaller unbranded outlets. 27-Sep-2000

Bass is to complete the sale of its beer division to Interbrew of Belgium for £2.3bn following a European Commission decision not to intervene, and the company now plans to sell its controlling stake in the Britvic soft drinks business. 23-Aug-2000

Bass has agreed to sell its brewing operations to Interbrew of Belgium for £2.3bn, and the proceeds will be invested in its pubs, hotels and restaurants. 15-Jun-2000

Bass has announced plans to close offices at the Cape Hill brewery site in Smethwick, and staff will be relocated to a new building in Birmingham city centre in 2002. 02-Jun-2000

Bass has announced plans to invest £25m in a new 241-bedroom hotel at Birmingham's National Exhibition Centre, which is scheduled to open in February 2002. 01-Jun-2000

Bass is planning to pull out of a brewing joint venture in China by selling its 55% stake to local partner Ginsber. 27-Mar-2000

Bass is selling seven of its Northern Ireland pubs to various individuals, in a combined deal worth about £10m. 03-Mar-2000

Bass is to buy out Bristol Hotels & Resorts, the US-based franchisee that manages 83 Bass hotels, in a £98m deal. 29-Feb-2000

Bass has announced plans to sell its brewing division, which could fetch about £1.8bn, in order to focus on international hotels and leisure retailing. 18-Feb-2000

Bass has acquired 59 Southern Pacific Hotels for £125m, and they will be rebranded as Inter-Continental, Crowne Plaze and Holiday Inn. 18-Jan-2000

Bass is to acquire Southern Pacific Hotel Corporation of Australia for £126m, as part of a strategy to transform itself from a brewer to an international hotel group. 22-Dec-1999

Bass is to invest £400m in its hotels division over the next year, while £300m will be spent on restaurants and pubs and £100m on brewing. 09-Dec-1999

Punch Taverns and Bass have won regulatory approval for their acquisition of Allied Domecq's 3,600 pubs, but will have to sell off about 50 of the outlets. 27-Nov-1999

Galliford has won a £4.5m contract to build a multiplex cinema for Bass in Burton-on-Trent. 18-Nov-1999

Bass is to sell its 33% stake in Czech brewer Radegast to Nomura Securities, and Nomura aims to create the largest brewer in central Europe by merging it with Plzensky Prazdroj. 22-Sep-1999

Bass is to invest £900m over the next two years expanding its luxury hotels business throughout the world, and is also aiming to double the size of its mid-market Holiday Inn brand in the UK, Germany, Italy and China. 24-Jun-1999

Enterprise Inns is acquiring 217 pubs from Bass for £69m. 11-Jun-1999

Bass is seeking a major leisure company to operate a planned £1.2m health and fitness complex at the Centrum 100 business park in Burton, which will create 50 jobs. 07-Jun-1999

Bass Developments has won approval from the East Staffordshire planning committee to build a £7m nine-screen cinema with restaurants and a pub in Burton, creating 140 jobs. 28-Apr-1999

Bass has set up a recruitment hotline on 01332 369300 to recruit 70 staff for a new restaurant being built in Derby's Pride Park. 03-Feb-1999

Bass Leisure Retail is planning to convert the historic Titchfield mill in Hampshire into a restaurant and museum, with the creation of 50 jobs. 27-Jan-1999

Bass is said to be considering plans to acquire the remaining 25% of the Britvic soft drinks business from Allied Domecq for up to £150m. 25-Jan-1999

Bass is to cut up to 200 jobs at a brewery in Burton over the next three years. 13-Jan-1999

Bass has confirmed that its Cannon Brewery in Sheffield will close in January, with the loss of 57 jobs. 08-Dec-1998

Bass is planning to boost spending in its hotels division from £185m to £400m, and is seeing better-than-expected cost savings from combining the recently-acquired Inter-Continental Hotels with the rest of its hotels operation. 04-Dec-1998

Bass is to invest £5m in improving the efficiency of its Cape Hill brewery in Smethwick. 19-Nov-1998

Bass is set to cut more than 200 jobs in its leisure retail division, which will affect the divisional HQ at Birmingham's Cape Hill brewery and the information technology centre at Warley. 23-Oct-1998

Bass is selling its BLMS amusement machine service business to a newly-formed company called Leisure Link, backed by Duke Street Capital, for £70m. 04-Aug-1998

Punch Taverns is buying 1,428 pubs from Bass, and will invest £40m to increase their profitability. 07-Apr-1998

Bass has sold its Barcrest gaming machine manufacturing business to International Game Technology of the US for £42m. 18-Mar-1998

Bass has reached agreement to acquire InterContinental Hotels and Resorts from Saison of Japan for £1.7bn, beating off competition from Marriott International and others. 21-Feb-1998

Bass is set to win European Commission approval for the standard pub leases operated with its tied pubs, although the EC wants one more month to hear comments from third parties before a final decision is made. 04-Feb-1998

Bass has emerged as a leading contender to acquire the Inter-Continental chain of hotels, which is expected to be sold by its Japanese owners for about $2bn. 31-Jan-1998

Bass has sold 222 pubs to Avebury Inns, the pub operator that is financed by Daiwa Europe. 30-Jan-1998

Bass has announced the acquisition of four Australian hotels and the Browns chain of seven UK restaurants for a total £80m. 07-Jan-1998

Ladbroke has acquired the Coral betting shop chain from Bass for £375m, including 833 UK betting shops and the telephone and on-course betting businesses, and Ladbroke hopes to overcome potential objections from the Office of Fair Trading by selling 128 shops to Tote Bookmakers. 02-Jan-1998

Bass is selling 1,190 leased pubs and 238 managed pubs to a management buy-in team for £564m, and now has at least £1.5bn to spend on acquisitions. 17-Dec-1997

Bass has sold its Gala bingo chain to a management buy-in for £279m, and the plan is to float the business within five years. 16-Dec-1997

Bass is negotiating the exchange of 1,000 of its tenanted pubs for 200 of Nomura's higher-quality pubs, and a deal could be announced soon. 08-Dec-1997

Bass is looking to spend up to £2bn on acquisitions, and is particularly interested in hotels in Asia and brewing in eastern Europe. 04-Dec-1997

Bass is discussing the sale of its 136 Gala bingo clubs to venture capital groups, while it is also negotiating the sale of 230 Bass pubs to Avebury Inns. 29-Nov-1997

Bass is planning to acquire Carlsberg-Tetley's brewery in Burton on Trent in order to merge it with its own brewery in the town, creating one of the largest breweries in Europe. 04-Nov-1997

Bass has sold its 50% share in Carlsberg-Tetley to its joint venture partner, Carlsberg of Denmark, for £110m, following the government's block on Bass's plans to merge with the brewing venture. 23-Aug-1997

Bass is said to be considering a £650m bid for First Leisure. 19-Aug-1997

The planned merger of Bass and Carlsberg-Tetley, which would have created the UK's largest brewer, has been blocked by the government, and Bass is now expected to bid for the William Hill betting group to combine with its Coral chain. 28-Jun-1997

Bass has acquired West Midlands Taverns, the chain of 18 pubs, for £20m. 08-Jun-1997

Bass has merged its three Czech brewing businesses - Prague Breweries, Vratislavice and Ostravar - into one new company with a 14% share of the beer market. 05-Feb-1997

Bass has increased its stake in Radegast, the Czech brewer, to 33%, and is now trying to acquire a further 30% from a Czech investor. 09-Jan-1997

Bass is selling 61 Holiday Inns in North America to Bristol Hotel Company for $391m, in a deal which will see it acquire a 36% stake in Bristol. 17-Dec-1996

Bass's £200m bid for Carlsberg-Tetley is being referred to the Monopolies & Mergers Commission on the basis that it will create the largest brewer in the UK with about 38% of the market. 10-Dec-1996

Bass, the brewer, has announced the £36m renewal of its sponsorship of the FA Premier League, with the four year deal beginning at the start of the next football season. 10-Dec-1996

Bass is looking to sell about 81 Holiday Inns in North America, in a deal with Bristol Hotel Company which is thought to be worth about £300m. 10-Dec-1996

Bass is acquiring Allied Domecq's 50% stake in Carlsberg-Tetley for £200m, and Carlsberg is putting its 50% stake, as well as £20m, into Bass Brewers in exchange for a 20% stake in the enlarged subsidiary. 26-Aug-1996

Bass has bought a 20% stake in Pivovar Radegast, the Czech brewer. 01-Aug-1996

Bass has confirmed that it is in discussions with Allied Domecq and Carlsberg to buy their Carlsberg-Tetley brewing operation. 30-Jul-1996

Bass Brewers and Asahi Breweries of Japan have announced a marketing agreement which will see each company market the other's beers in their respective domestic markets. 23-May-1996

Bass is in discussions to acquire the whole of Carlsberg-Tetley in a move that would give Carlsberg a minority stake in Bass's brewing business. 03-Apr-1996

Bass and Merrydown are to stop using the term "alcoholic lemonade" to describe Hooper's Hooch and Two Dogs, following concerns that it may encourage under age drinkers. 08-Feb-1996

Bass is removing posters for its Hooper's Hooch alcoholic lemonade as the Advertising Standards Authority said they were appealing to under 18s. 17-Jan-1996

Bass is still considering delivering its beers direct to homes despite protests from shops and warehouses. 15-Jan-1996

Bass is looking for small acquisitions, and is also upgrading its leisure and pub facilities, improving its Holiday Inns franchises and looking for more product innovations. 07-Dec-1995

Bass has acquired the Arthur Prince betting shop chain, giving Coral a further 114 sites. 29-Sep-1995

Bass is to hand its distribution over to the freight company NFC, in an effort to reduce costs and improve service. 01-Sep-1995


The information on this page comes from the UK Activity Report.
Click here for further details












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