21st May 2007 07:02
Mitchells & Butlers PLC21 May 2007 21 May 2007 Mitchells & Butlers plc Further to press speculation yesterday Mitchells & Butlers confirms that,following a comprehensive review of options for its freehold and long leaseholdproperties, it is exploring the possibility of a 50:50 joint venture on themajority of its property assets. A number of third parties have been approached,and negotiations are proceeding with R20, the investment vehicle of RobertTchenguiz, although there can be no certainty that any transaction will beforthcoming. Enquiries: Finsbury Group 020 7251 3801James Murgatroyd This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mitchells & Butlers