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Response to press speculation on Orchid Estates

29th May 2014 08:42

RNS Number : 3277I
Mitchells & Butlers PLC
29 May 2014
 



Response to press speculation

 

Mitchells & Butlers plc (Mitchells & Butlers) notes the recent press speculation regarding the Orchid Group (Orchid).

 

Mitchells & Butlers confirms that it has entered into exclusive discussions regarding the potential acquisition of the majority of the Orchid estate.

 

Discussions are ongoing and there can be no certainty that a transaction will be concluded.

 

A further announcement will be made in due course as appropriate.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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