Summary
SHARE stakes in Mitchells & Butlers have changed hands more times than a pack of Paul Daniels' playing cards.
Intoxicating rumours yesterday that a 6pc block of the All Bar One pubs and Harvester restaurant chain was on the move got dealers excited and the shares frothed up to 233p before closing 13 3 / 4 p better at 226 1 / 2 p.See the full content of this document
Extract
M& B Stakes On the Move Again ; Market Report
Early gossip suggested that Irish racing tycoons John Magnier and JP McManus, via their investment vehicle Elpida Group, had bought a lump from Deutsche Asset Management, taking their stake up to 22pc.
...See the full content of this document
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