UK: CANDOVER IN BRANNIGANS BAR DISPOSAL

Article Abstract:

Candover Investments disposed of its Brannigans bar chain on 26 June 2000 in a move that will allow the UK-based venture capital group to concentrate on the 44 nightclubs acquired in November 1999 from First Leisure. Mustard Entertainment Restaurants, which is supported by the Phildrew Ventures investment business, paid GB[pound] 67mn for the 14 Brannigans outlets together with a further six public houses. Mustard, a newly established business, says that over the coming three years, it will look to double the Brannigans operation.

New capacity, new plant construction, Marketing, Mergers, acquisitions and divestments, Candover Investments PLC

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UK: NOBLE HOUSE DELAYS W&D BID

Article Abstract:

Noble House Leisure, the pubs and restaurants company, has delayed plans to launch a revised offer for Wolverhampton & Dudley Breweries. It will now wait until immediately before or after W&D releases a trading statement on 25 September.

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The man who ate the great British lunch hour: how Julian Metcalfe turned Pret A Manger into the McDonald's of the sandwich business, and is now making a meal out of sushi

Article Abstract:

Sandwich bar chain Pret A Manger co-founder Julian Metcalfe states that he was not surprised by the negative media reaction to the sale of a third of the business to McDonald's. He indicates that McDonald's has much higher standards than most people believe.

Acquisitions & mergers, Food preparations, not elsewhere classified, Eating Places, All Other Miscellaneous Food Manufacturing, Prepared Sandwiches, Officials and employees, Investments, Beliefs, opinions and attitudes, Securities, Restaurants, Sandwiches, Metcalfe, Julian, Pret A Manger Europe Ltd., McDonald's Ltd.

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