Patron Capital has completed the acquisition of Punch Taverns in a deal that values the UK pub chain at £1.8 bn (€2 bn), and simultaneously sold on 1,900 of the 3,200 premises to brewer Heineken.
Patron Capital has completed the acquisition of Punch Taverns in a deal that values the UK pub chain at £1.8 bn (€2 bn), and simultaneously sold on 1,900 of the 3,200 premises to brewer Heineken.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.