Heineken: acquisition of Punch Taverns pubs now complete.

(CercleFinance.com) - Heineken has completed the acquisition of approximately 1,900 Punch Taverns pubs across the UK, as part of a deal that was orginally announced in late 2016.


The Dutch brewer plans to fully integrate the pubs into its existing Star Pubs & Bars estate, creating the country's third largest pub business in a highly fragmented market.

The pubs acquired by Heineken will be operated for six months by Punch under a transitional services agreement, after which they will be integrated into the Star Pubs & Bars scope.

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