Punch Taverns has agreed the sale of around 250 pubs.
Some of them come from the Pubmaster estate following its £1.2bn takeover of the company.
The Pubmaster deal increased the size of Punch’s estate by about two thirds to 7,400 outlets.
References: The Times (Broadsheet) 16/01/04 page 29, The Independent (Broadsheet) 16/01/04 page 27 (Investment)
