UK - CVC interested in Punch Taverns

CVC is said to be one of several buyout firms interested in taking the company private. Punch Taverns' market capitalisation is just below £700m and its share price has fallen by more than 70% over the past year. No approach has yet been made to Punch's board, which owns more than 8,400 pubs in the UK. Punch Taverns currently holds debt of more than £5bn on its balance sheet.

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• Topics
• Buyouts
• UK / Ireland