Whitbread plans to sell pub unit; stock jumps

Article Abstract:

Whitbread PLC is planning to sell off its pub operations in order to concentrate on restaurants, hotels, and leisure clubs. The planned sell off could raise up to 1.8 billion pounds (3.1 billion euros).

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Buying up beer flow; Vertical integration riles some pub owners and small brewers

Article Abstract:

This article discusses the trend among European breweries to acquire distributors thus making it more difficult for pubs and restaurants to get competitors' products. The acquisitions are legal but small brewers consider them anti-competitive.

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Whitbread weighs proposals for pubs from four bidders

Article Abstract:

Whitbread PLC is considering acquisition offers from four interested parties. Punch Taverns Ltd., Nomura International PLC, Candover, and Morgan Grenfell Private Equity have made proposals for Whitbread.

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