Mitchells & Butlers pub group sells Hollywood Bowl for £39m

10th August 2010, 10:50am

Pub group Mitchells & Butlers has sold its Hollywood Bowl business for £39 million.

The business has been aquired by AMF Bowling. This transaction is expected to complete on 13 August 2010.

Commenting on the transaction Adam Fowle, chief executive, said: "This further disposal of non core assets is another important step towards focusing the business on our market leading growth brands."

Related Articles:

• 24 Jan 2011 - M&B's John Lovering to step down as chairman
• 23 Nov 2010 - Mitchells & Butlers profits soar by 26% as food sales increase
• 20 Aug 2010 - Mitchells & Butlers to sell over 300 pubs for an estimated £373m
• 19 May 2010 - Mitchells & Butlers pub group reports strong trading
• 24 Mar 2010 - Mitchells & Butlers to reposition food-led pub businesses
• 23 Feb 2010 - Pub companies recognised in training awards

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