Shares Mitchells & Butlers lost 1.4% to 577p after ABN Amro downgraded the company from "buy" to "hold".
The broker is unhappy about plans to spin off some of its property assets into a separate REIT and said this" would represent "a strategic U-turn".
The Financial Times 01/12/07 (Companies & Markets) page 36
The Daily Telegraph 01/12/07 page 39
The Independent 01/12/07 page 68
The Guardian 01/12/07 page 45