M&B chases Beefeater

By Helia Ebrahimi
Updated: 14:41 BST, 7 May 2006

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THE boss of Mitchells & Butlers pubs chain, Tim Clarke, is 推定する／予想するd to 追求する 会談 with Whitbread about acquiring its Beefeater and Brewers Fayre 出口s after seeing off a £4.6bn 企て，努力，提案 approach from Iraqi 大君 Robert Tchenguiz.

Clarke told 財政上の Mail he was considering 支払う／賃金ing between £300m and £500m for the 250 Whitbread pub s, which were put up for sale last week.

M&B is talking to 助言者s about the move after the 可能性のある 550p-a-株 申し込む／申し出 from Tchenguiz's R20 企て，努力，提案 国際借款団／連合 崩壊（する）d on Friday.

Clarke and his board had 拒絶するd the approach, but under a 引き継ぎ／買収 パネル盤 最終期限 Tchenguiz had until tomorrow to （米）棚上げする／（英）提議する a formal 申し込む／申し出 to 株主s.

However, with M&B 株主s looking for 600p a 株 and Tchenguiz unable to raise the extra cash, he decided not to go ahead with the 企て，努力，提案.

分析家s 示唆する M&B will have its pub 広い地所 revalued later this year with 期待s that the new valuation should reach £4.5bn.

によれば Clarke, if M&B 首尾よく acquired the Whitbread pubs, it would be able to refinance its borrowings and return about £300m to 投資家s.