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By M&C Report team2011-06-23T08:56:00+01:00
Stonegate has confirmed it has agreed to dispose of a package of 42 pubs to RedCat Pub Company for an undisclosed sum. The acquisition is expected to complete in the Summer.
Stonegate Pub Company has announced new financial support for Ei Publican Partners with rent and trade credits. It will give publicans “significantly” reduced rents and trade credits, together with government grants that include the latest restart grants of £8,000-£18,000. Stonegate, the UK’s largest pub company, will give rent ...
Stonegate Pub Company made a loss before tax of £746m in the full year to 27 September 2020, following the purchase of Ei Group, and as a result of the pandemic.
Hawthorn CEO Mark Davies has told MCA the “sky’s the limit” for the pub company when it lists as a separate entity.
The strength of the tied model has been validated during the pandemic thanks to the support that pubcos have been able to provide to their tenants, according to Clive Chesser, chief executive of Punch Pubs.
Revolution Bars Group is looking to expand its portfolio of brands from two to four, in order to capitalise on property opportunities post-pandemic, chief executive Rob Pitcher has told MCA.
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