News

UK: M&B to return £500m to shareholders

Most popular

How A-B InBev's Brito changed the drinks industry

just-drinks looks at the career of Michel Doukeris

Campari faces familiar troubles - analysis

Beverage companies set for tough pricing desicions

Sustainability and responsibility activations

MORE
As part of a securitisation of its pubs and restaurants, the UK pub company Mitchells & Butlers is to return £500m pounds (US$831m) to shareholders.

The £1.9 billion securitisation is being seen as a move to defend against any possible takeover bids for the group, after it demerged from Six Continents in April.

M&B intends return the money through a special dividend of 68 pence per share and use the rest of the proceeds to refinance its existing debts.


Related Content

Why beverage brands should join the race for 'metaverse' domination - consumer trends

Why beverage brands should join the race for 'metaverse' domination - consumer trends...

Game of two halves for Coca-Cola Europacific Partners in debut quarterly figures - results data

Game of two halves for Coca-Cola Europacific Partners in debut quarterly figures - results data...

The Coca-Cola Co hands AHA sparkling water US TV debut - video

The Coca-Cola Co hands AHA sparkling water US TV debut - video...

Southern Glazer's Wines & Spirits names Cindy Leonard as wine GM

Southern Glazer's Wines & Spirits names Cindy Leonard as wine GM...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?