All Greene King articles – Page 18
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News
GK managed lfls up 0.6%
Greene King has announced like-for-like sales up 0.6% in its managed pubs for the 36 weeks to 11 January, with sales up 2% for the festive period amid record breaking Christmas Day trading.
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Spirit shareholders agree Greene King takeover bid
Spirit Pub Company shareholders have voted in favour of Greene King’s £773.6m takeover bid, with 99.99% approving the deal.
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Greene King's Spirit bid approved by shareholders
Greene King shareholders have approved the company’s bid to take over Spirit Pub Company.
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McGuigan to oversee Hungry Horse
Greene King has promoted Marc McGuigan to business unit director to oversee the growth of its c230-strong value brand Hungry Horse
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London multiple operator and GK launch microbrewery
A south-west London pub has launched a new five-barrel microbrewery as part of a joint venture investment with Greene King
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C&C given Spirit bid deadline
C&C Group, the drinks group behind Magners, has been given a deadline of 5pm on 6 January to clarify its position on Spirit Pub Company
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Analysis & Insight
Eating-out spend up in November
Eating-out spend saw year-on-year growth in November, with the average household increasing spend by £3 (4%) to £76, according to the latest Greene King Leisure Spend Tracker
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News
Gambling Commission to appeal GK bingo appeal
The Gambling Commission is looking to appeal the First-Tier Tribunal’s decision to allow Greene King a bingo licence, in order to stop commercial gambling “spreading to pubs”.
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Greene King tenant wins backing for poetry in pub concept
A Greene King tenant has secured backing from the pubco to roll out a concept bringing together poetry and pubs.
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News
Greene King backs rollout of 80s bar concept
Greene King is investing in a North Yorkshire-based 80s bar concept on the back of Dragon’s Den style tryouts among its tenants to find new models to roll out.
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Greene King wins bingo appeal
Greene King has won its appeal against the Gambling Commission’s refusal to allow it a bingo licence, opening the door for larger pubcos to operate commercial bingo.
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Greene King retains property advisor
Retailer and brewer Greene King has retained property adviser Carter Jonas to help source sites
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News
Greene King has £110m for acquisitions in 2015
Greene King has stressed it retains a “flexible approach to expansion” and has a c£110m war chest for acquisitions in 2015 with a strong pipeline and targets unaffected by the Spirit transaction.
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Analyst corner: Brumby on Greene King
Leading analyst Mark Brumby at Langton Capital has said that Greene King’s H1 numbers were just a shade disappointing
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News
Greene King H1 revenue up 5.3%
Greene King has reported revenue growth of 5.3% across its retained business to £613.1m with profit before tax up 3% for the 24 weeks to 19 October.
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News
Oakman Inns secures first Greene King lease
Oakman Inns & Restaurants has taken on its first Greene King lease to bring the company to 12 sites.
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Greene King to support Text Santa charity appeal
Greene King has announced it will support ITV’s Text Santa fundraising appeal by hosting pub quizzes across the country.
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News
Greene King trials craft ale house format
Greene King is trialling a craft ale house format in its c500-strong Local Pubs division
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News
Anand says Spirit is 'transformational deal'
Greene King CEO Rooney Anand has not ruled out further acquisitions despite the brewer reaching agreement this morning on its £773m takeover of Spirit Pub Company.
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News
Brumby: GK/Spirt integration to benefit Marston’s
Leading analyst Mark Brumby at Langton Capital has said that Marston’s could benefit from Greene King’s proposed acquisition of Spirit Pub Company