It is unclear whether Morgan Grenfell Private Equity (MGPE) is still linked with Belgo Group in its £1.6bn bid for Whitbreads 3,000 pubs and bars.
MGPE has been named preferred bidder.
Punch Taverns is “highly unlikely” to match MGPEs bid.
The Guardian 15/03/01 page 23
The Independent 15/03/01 page 18
