All Greene King articles
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OpinionProperty, partnerships, people
The surprise £2.7bn bid for Greene King from Hong Kong-based property developer CK Asset Holdings certainly woke up August – not least because it immediately set off excited speculation about who might be next.
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Opinion
‘TRG now has a future’
The legacy of Andy McCue’s truncated time as chief executive of The Restaurant Group is, as well all know, the £559m acquisition of Wagamama. When the deal squeaked through last year, there was widespread scepticism over the longevity of its stellar like-for-like sales growth.
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Opinion
Hargreaves Lansdown on Greene King
Greene King’s shares were unmoved by the news that like-for-like sales in its Pub Company arm were down by 1.85% for the 18 weeks to 1 September, said analysts from Hargreaves Lansdown in their latest note on the brewer and pub operator.
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News
Greene King lfls fall across Pub Company in Q1
Greene King’s Pub Company arm has seen like-for-like sales (lfls) fall by 1.8% for the first 18 weeks of the new financial year, to 1 September, however the past seven weeks saw a 1.5% uplift.
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Opinion
Growth potential for Greene King pub brands
In light of the recent bid for Greene King by CK Asset Holdings, MCA market insight director Steve Gotham assesses what MCA’s Eating Out Panel data has to say about the performance of its four core brands.
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Opinion
Analysts’ verdict: Berenberg on Greene King
Analysts at Berenberg have said they expect the acquisition of Greene King by CK Asset Holdings to be approved by shareholders and as a result has upgraded its rating to ‘hold’ and increased its price target to the offer price.
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News
Unite seeks assurances over Greene King deal
Union Unite has said it is seeking assurances over job protection following the proposed multi-billion-pound bid for Greene King by CK Asset Holdings.
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Opinion
Greene King: A bid out of the blue
The dust had barely settled in the pub sector following the news that Stonegate had reached an agreement to buy Ei Group for £1.27bn, when another bombshell hit in the form of an outside investor looking to snap up Greene King.
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Opinion
Analysts’ verdict: Greene King
Following the news that Greene King could be acquired by Hong Kong-based property developer CK Asset Holdings yesterday, analysts from JP Morgan, Morgan Stanley, and Goodbody give their views on the deal and what it represents for the sector.
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News
Bid for Greene King valued at c.£4.6bn
Greene King has received an offer to acquire the business from CK Bidco – a newly incorporated wholly-owned indirect subsidiary of Hong Kong-based property developer CK Asset Holdings (CKA), in a deal valued at c.£4.6bn.
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News
SSP appoints Greene King's Richard Lewis as new CEO UK & Ireland
Greene King’s Richard Lewis has been appointed CEO of SSP UK and Ireland, effective from 1 September.
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Opinion
Analysts corner: Greene King
Following the brewer and pub operator’s full year results announcement yesterday, leading analysts from Liberum, Peel Hunt and Hargreaves Lansdown give their views on what the results mean.
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News
Greene King trialling delivery and order and pay app
Greene King has been trialling delivery of certain dishes at some of its pubs as it looks to ascertain what the right customer offer should be, MCA has learnt.
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News
Greene King achieves 2.9% lfl increase for Pub Company
Greene King has achieved like-for-like (lfl) growth in its Pub Company arm of 2.9%, trading ahead of the market, according to its full-year results to 28 April 2019.
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News
Analysts corner: Berenberg on Greene King
In advance of Greene King’s new CEO Nick Mackenzie unveiling the company’s full-year results for 2019, the analyst shares its thoughts on the pub operator and brewer’s position in the market.
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News
Analysts corner: Greene King
Following Greene King’s full year results announcement yesterday, analysts from Hargreaves Lansdown and Goodbody give their reactions on the numbers.
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News
GK FY managed lfls up 2.9%
Greene King has reported like-for-like sales (lfls) in its managed Pub Company arm in the year to 28 April were up 2.9%.
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News
Greene King appoints Greggs director to board
Greene King has appointed Greggs director Sandra Turner to its board.
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News
Greene King appoints new head brewer
Greene King has promoted Ross O’Hara to the position of head brewer, replacing Craig Bennett.
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News
Greene King plans to double apprenticeship numbers by 2022
Greene King is set to announce plans later today to double the number of its apprentices to 20,000 by 2022, as well as launch an employment programme for ex-offender as part of a commitment to improve social mobility.
