Even before the takeover,certain shareholders were asking management about the possibility of selling the brewing assets.My guess is that this is now much more likely but any sale will come attached to some supply agreement with the GK pubco ,in order to get a decent price.
There will be a few Investment Bankers floating around the BSE brewery shortly
"Good people drink good beer" Hunter S Thompson
I'm not so sure. Perhaps CKAH are buying Greene King as if it were a utility, providing a relatively stable income stream to underpin its more speculative property developments?
In that case, it would take a hands-off (if it ain't broke, don't fix it) approach and just take the dividends?
With the best will in the world, Bury St Edmunds is hardly Hong Kong, Singapore, Dubai, Frankfurt, New York or the City of London, so if it was a property acquisition then why there?
Time will tell, of course, but perhaps all you Greene King fans might not need to worry too much?
PS - This is not financial advice, but what next? Marston's?
Many, possibly most, people stick with what they're familiar. The pub on the next corner from me is a brewpub. Of about six lines, there's usually three homebrew, two local beers, then London bleedin Pride, there, I suspect, for some loan arrangement. They sell a vast amount of Pride, and not just to tourists.
I have a friend with whom I must have enjoyed hundreds of curries. In thirty odd years I've never known him order anything but chicken tikka masala.
Then again, I'm not averse to drinking lager in there if I so fancy, so feel free to burst into tears or burst out laughing.
Last edited by NickDavies; 22-08-2019 at 22:14.