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P204 CEEFAX 2 204 Wed 01 Dec 13:31/51       WOLVES & DUDLEY IN £40m PUBS SALE Takeover-hungry Wolverhampton & Dudley Breweries has sold 284 pubs to a unit of The Royal Bank of Scotland for £40m. The company put the inns up for sale to eliminate overlaps after the £295m acquisition of rival brewer Marston, Thompson & Evershed. W&DB will continue selling beer to the pubs, 262 of which are tenanted with the rest being managed. It also reported annual pre-tax profits ahead 12% to £50.2m before costs of £41.1m related to the Marston deal. 1/2 Headlines 200 Commodities 246 Savings 250 Front page 100 Next News Headlines Exchanges Main Menu
P204 CEEFAX 2 204 Wed 01 Dec 13:41/14       CARPETBAGGERS ATTACK FROM THREE SIDES Three of the UK's top building s.cieties are facing a fresh assault from carpetbaggers eager to land oindfall payouts. The raiders are targeting the Portman, Chelsea and Skipton building societies. They claim tM have collected hundreds of forms backing conversion resolutions for each of three societies. The carpetbaggers struck just hours before tough new rules on conversions raised the number of signatures needed to put a resolution forward. 2/2 Headlines 200 Commodities 246 Savings 250 Front page 100 Next News Headlines Exchanges Main Menu