M&B says no bid for whole firm
LONDON (Reuters) - Pubs group Mitchells & Butlers (MAB.L) said on Friday it was not in talks over a possible bid for the whole company, but that it remained in talks with parties seeking a large stake in the business.
"The board is continuing discussions with private equity investors in relation to a possible investment for a stake of up to 29.9 percent in Mitchells & Butlers at a material premium to the current share price," the owner of O'Neill's and Harvester pubs and restaurants said in a statement.
(Reporting by Mark Potter; Editing by Paul Bolding)
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