UK: Greene King swallows Punch Taverns pubs
Greene King, the UK beer and pub group, has taken advantage of funds raised via a recent rights issue by acquiring 11 pubs owned by rival Punch Taverns for GBP30.4m (US$49m).
Greene King, the UK beer and pub group, has taken advantage of funds raised via a recent rights issue by acquiring 11 pubs owned by rival Punch Taverns for GBP30.4m (US$49m).