Fancy a pint?
Am I the only person to have noticed that pub companies Mitchells & Butlers and Greene King are currently trading on the stock market with almost identical market capitalisations?
There is a reason I am (unsubtly) attempting to point this out. A few days ago an excellent source mentioned to me that both companies had recently been chatting about combining to create a £4bn business that would go into London's blue-chip index. Apparently, bankers from Deutsche Bank - an advisor to Greene King - were trying to engineer the merger deal...
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