Breaking News

Tweet TWEET

Mitchells & Butlers’ Investor Boosts Stake Above 25%, Times Says

Mitchells & Butlers Plc (MAB) investor Joe Lewis may have boosted his stake in the company last week to more than 25 percent, allowing him to block resolutions by the company or other investors, the Sunday Times reported, without saying how it obtained the information.

Some fund managers, including Legal & General Group Plc, sold shares in the pub group last week, the newspaper said.

To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.