Punch Taverns to Sell 1,300 Pubs
Punch Taverns, a British operator of more than 6,700 pubs, said it would accelerate plans to dispose of weaker outlets and focus on food, news that pushed its shares down the most since May, Bloomberg News reported. Punch will retain about 4,700 leased pubs, down from an earlier 5,000, its finance director, Phil Dutton, said [...]
