|
Enterprise Inns is looking to sell off about 200 of its 7,700 pubs, and its acquisition programme has been halted. 19-Nov-2008 Enterprise Inns is looking to sell off 82 freehold and leasehold pubs across the country. 13-Jun-2008 Enterprise Inns has sold 137 Scottish pubs to Retail & Licensed Properties for £115m. 22-Nov-2006 Enterprise Inns has sold 769 of its smaller pubs to Admiral Taverns for £316m, taking the Admiral chain to 1,825 outlets. 15-Aug-2006 Enterprise Inns is looking to sell up to 1,000 pubs for commercial or housing redevelopment over the next five years. 23-Nov-2005 Enterprise Inns is to sell 31 freehold and ten leasehold pubs to Admiral Taverns for £10m. 03-Mar-2005 Enterprise Inns has sold 241 pubs to a new company called Admiral Taverns for £62m, and Admiral will sell on 155 pubs to County Estate Management. 22-Mar-2004 Enterprise Inns has agreed to acquire full ownership of Unique Pub Company for £609m, creating a combined chain of 9,000 pubs, which could lead to the loss of 100 jobs at Unique's head office in Thame. 15-Mar-2004 Enterprise Inns has raised £350m in a bond issue to finance its pub acquisition programme. 15-Sep-2003 Enterprise Inns is looking to sell 137 sites following an annual review of its tenanted pubs business. 27-Mar-2003 Enterprise Inns has sold 52 pubs in the Hampshire and Gloucestershire areas to InnSpired for £16m. 24-Jan-2003 Enterprise Inns may have to sell off up to 400 pubs to gain regulatory approval to take up its option for the acquisition of the Unique Pub Company in 2004. 02-Dec-2002 Enterprise Inns is looking to sell about 60 pubs in order to gain regulatory approval for its acquisition of the 1,860-strong Laurel Pub chain. 21-Jun-2002 Enterprise Inns is to acquire 1,860 pubs from Laurel for £875m, in order to expand its estate in the south of England. 15-Apr-2002 Enterprise Inns is acquiring 4,000 Unique and Voyager pubs from Nomura in a £2bn leveraged buy-out, as part of a consortium with Cinven, Legal & General Ventures and Princes Gate Investors. 21-Mar-2002 Enterprise Inns is to open a new £8m headquarters and call centre at the Solihill Business Park in April, with the creation of up to 300 jobs and the relocation of 100 existing staff. 11-Feb-2002 Scottish & Newcastle is selling 432 managed pubs to Enterprise Inns for £263m and 214 pubs to Noble House Leisure for £97m, and the proceeds will be used to reduce debt. 19-Jun-2001 Enterprise Inns is to acquire 439 managed pubs from Morgan Grenfell Private Equity for £262m, and will convert them into tenancies. 23-May-2001 Enterprise Inns is to continue buying three or four pubs a week, and has up to £400m to spend on the expansion of its 2,600-strong network. 22-Nov-2000 Enterprise Inns is acquiring the Famous Pub Co and its chain of 20 outlets for £3.8m, in order to expand its presence in the south-east. 13-Jul-2000 Enterprise Inns has sold 35 of the pubs acquired from Whitbread's former Swallow estate to PPM Ventures for £50m. 21-Jun-2000 Enterprise Inns has bought 185 pubs from Whitbread for £115m, including 145 managed pubs and 38 tenancies mainly in Yorkshire and Lancashire. 17-May-2000 Enterprise Inns is appointing Scottish & Newcastle to handle its distribution and warehousing, which will enable it to negotiate lower prices with other brewers and drink suppliers. 18-Jun-1999 Enterprise Inns is acquiring 217 pubs from Bass for £69m. 11-Jun-1999 Enterprise Inns is considering plans to spend up to £100m on acquisitions to expand its chain of pubs. 19-May-1999 Enterprise Inns is acquiring Century Inns, the chain of about 500 pubs, for £79m, and the Century head office in Stockton-on-Tees will be closed. 30-Mar-1999 Enterprise Inns is considering plans to acquire Inn Business, the chain of 488 pubs. 27-Jan-1999 Enterprise Inns has acquired Mayfair Taverns, the chain of 276 tenanted pubs, for £37m, and aims to have a total 2,500 pubs within three years. 27-Oct-1998 Enterprise Inns has expressed an interest in acquiring the tenanted pub estate of Vaux, but would not want to buy any managed pubs. 17-Jun-1998 Enterprise Inns is to sell the drinks wholesaling business that it acquired with Gibbs Mew to the Beer Seller for £6.6m, and will use some of the proceeds to buy a stake in Dawes Group, the parent company of the Beer Seller. 06-Mar-1998 Enterprise Inns is acquiring Gibbs Mew, the chain of 310 pubs, for £48m and plans to convert 27 managed pubs to tenanted status. 04-Feb-1998 Enterprise Inns has announced a long-term target of doubling its chain of 1,200 pubs, which would involve increasing the number of regional divisions from four to six. 19-Nov-1997 Enterprise Inns has bought 94 pubs in the south of England from Whitbread for £9.4m. 06-Sep-1997 Ann Street Brewery's Lionheart subsidiary has bought 11 pubs from Enterprise Inns for £6.8m. 07-Aug-1997 Enterprise Inns is acquiring Discovery Inns, the operator of over 200 pubs, for £46m. 24-Apr-1997 Enterprise Inns is buying John Labatt (UK), the pubs business of Belgium's Interbrew, for £51m - a move which will double its size to over 1,000 pubs. 22-May-1996 Enterprise Inns is planning a flotation which should value it at about £50m. 18-Sep-1995
|