We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Together again

1 December 2005 By Simon Nixon

Punch Taverns’ £2.7bn purchase of the UK pub group should enhance earnings and generate returns above its cost of capital in year one. But the real winners are Spirit’s private equity owners, who have made a sizeable return on their original investment.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)