企業 swallows Century in City クーデター

By Daily Mail Reporter
Updated: 00:00 BST, 30 March 1999

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An 反乱 by City 会・原則s ended the unhappy 株式市場 life of Century Inns. Their 活動／戦闘 led to a 敵意を持った £79m 引き継ぎ／買収 企て，努力，提案 from bigger 競争相手 企業 Inns, steamrollering through in just nine hours.

En terprise's 150p a 株 paper 企て，努力，提案 began with the 購入（する） of 6.6pc and 受託s for a その上の 44.4pc. Ten minutes after the market の近くにd, 企業 made its 申し込む／申し出 wholly 無条件の.

Century only had itself to 非難する. In 1995, as the north-east's biggest 独立した・無所属 pub chain, it floated at a lower than 推定する／予想するd price. The 株 reached 195p in 1997 but were only 115p at the 週末.

Deciding enough was enough, 会・原則s told 企業 長，指導者 (n)役員／(a)執行力のある Ted Tuppen they preferred his 株 to Century's. の中で those 受託するing were M&G, Morgan Grenfell, Norwich Union, Scottish Equitable and Threadneedle 投資. All five also have 株 in 企業.

The 企て，努力，提案 反映するs growing consolidation in the pub 部門. 分析家s 推定する／予想する 企業 (負かす／撃墜する 7p at 3731/2p) to go for Inn 商売／仕事 (661/2p, 負かす／撃墜する 5p) in another year while other predators may fancy SFI, Regent Inns, Slug & Lettuce and Morland.