Business and people search

Punch rules out administration option in restructuring plans

19th April 2013

The Rose & Crown, Coventry

The Rose & Crown, Coventry

THE board of Punch Taverns has ruled out any pre-pack administration deal as a way of resolving ongoing restructuring proposals.The pubco announced in February that it had agreed a set of restructuring proposals which it hoped would save the business millions of pounds and release cash for investment.Since then the group has continued to engage with shareholders and as part of the consultation yesterday held a general meeting.In a statement, the Burton-based business said: “A wide range of views was expressed, including the f......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Magna investment leads the way

Magna investment leads the way

27/05/2016Alex Turner

Revenues dip at engineering group

Revenues dip at engineering group

27/05/2016Joanne Birtwistle

Appointments: KPMG; Smith Cooper

Appointments: KPMG; Smith Cooper

26/05/2016Alex Turner

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954