Point taken,I've reinstated the Punch trading name.
Type: Posts; User: Bucking Fastard; Excluded Forums: That Doesn't Go There!, Blog Tracker
Point taken,I've reinstated the Punch trading name.
Thanks,I've update post #5 to reflect the change of ownership.The transaction values a Punch (largely) wet led freehold pub at around £770k,although this is just an average.
Thats a great restoration and should be a shrine for any supporters of West Ham United given their original Boleyn ground was just up the road.That was a proper old school ground too.
Hope this helps
Thanks,table on post #5 updated.
Thanks hondo ,I have updated the Hawthorn total.Marston's do seem to be regularly flogging off packages of pubs,so their total number may now be a bit lower than shown.
Thanks hondo for the latest update on Admiral and Star.I have updated the figures in the table.
The difference is the amount of net debt Ei has on it's balance sheet,which will be assumed by the enlarged group..
Thanks for the heads up.I won't change post#5 until shareholder approval is gained but it looks a done deal.The pubco majors will then shrink from 10 to 9,and we should get an accurate pub count...
Thanks hondo.I will keep an eye out for Aprirose,but with just under 200 pubs they are below (my somewhat arbitrary 200 ) limit for inclusion in the Second Division on post #26
Looks like Asahi paid top dollar,23.6x profits seems to me a very full price ,compared to Marston's purchase of the Charles Wells brewing assets and brands,although I accept that the CW brands had...
Thanks hondo,I have updated the Second Division on post #26
Thanks hondo,I've updated post #5
Thanks for that.This combination puts Hawthorn/New River in the top 10 pubcos,so i have changed post #5 and post #26 to show the new positions.As always this is a best guess ,so any other help...
Given Laine own 33 pubs in Brighton,the PuG crawl must have visited quite a few.
Many thanks for these last two additions to the Second Division ,update on post #26.
Good point,thanks .
Thats interesting Dave and does explain a 500 pub threshold .I have editted my original post to reflect this.
Thanks for the correction,I've made an edit on the second division.
It seems to me the second division of pub ownership groups have less than 500 pubs,probably due to 2016 legislation for groups larger than this.Thanks for contributions from Dave M and Aqualung.
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Fair point.I took the 703 figure in this article and then assumed that they would also complete the Revolutions deal taking them to 771.I'll keep an eye on developments,but they do seem to be...
The announcement about Admiral was a change in the share ownership of this pubco.If (and more likely when ) C&C gain majority control,I will change the name from Admiral to C&C.
Looks like some larger Pubco. will take out this group to bulk up their estate. The UK pub sector in general is a very mature industry so more consolidation seems likely until the competition...
I suppose it's quite possible that b) might be the answer.What isn't clear is how much debt is associated with the pub estate,and this could be via a securitisation.Also 47% is still a minority...
Thanks hondo,that's another pubco I missed on my original list ,now updated.