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

Dec. 18 (Bloomberg) -- Mitchells & Butlers Plc 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

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