The Marr the Merrier
Article Abstract:
United Breweries is to acquire Marr Taverns, in a deal involving a reverse takeover. Marr Taverns was set up in 1992 and has 142 pubs, while United Breweries has 140 pubs. Marr's pre-tax profit rose to 1.7 million pounds sterling in the 1994 to 1995 FY compared with 1.2 million pounds for the previous year. The company's debt was 3.9 million pounds and its net assets were 9 million pounds in 1995. United Breweries is likely to take management control of the company set up from the acquisition.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
JD Wetherspoon
Article Abstract:
JD Wetherspoon's shares underperformed the All-Share index by 30% over the past 12 months, and the company looks undervalued. However its like-for-like sales growth is running at more than 5%, better than many larger brewing and pub groups. All Wetherspoon outlets share a common theme, although its estate of more than 300 managed pubs trade under several different names. Much of its growth continues to come from rapid expansion in new sites.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Beating the average. The universal revolution. The Internet revolution
- Abstracts: The devil's in the detail. Helping e-business pay. Enduring duty
- Abstracts: Business and the moral maze. Elementary, my dear Watson. We must run the risk
- Abstracts: What's behind the Footsie's rise? Wall Street's valuation debate. UK market hopes for reversal of fortunes
- Abstracts: GEC under Sir Roger. European manoeuvres