Heineken Buys Punch Taverns

Heineken is to more than double the number of UK pubs it owns after agreeing a deal for punch taverns. The brewer said it will pay £305m for about 1,900 Punch pubs to add to the existing 1,049 outlets in its Star Pubs & Bars unit. "This transaction is a significant step forward in our strategy to unlock value in the UK pub market," said Stefan Orlowski, Heikeken's EU president.

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Ibp Feb/2017 14
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N 3726

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Heineken Buys Punch Taverns
Ibp Feb/2017 14
N 3726
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