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Old 01-11-2009, 08:02 PM
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Post RBS looks to dispose of estate of pubs

It has been reported that the RBS (RBS) is looking to dispose of its 1,000 pub estate, which is estimated to be worth £600 million. The leased and tenanted outlets were acquired from Scottish & Newcastle (S&N), the brewer now controlled by Heineken, in early 2000 for approximately £450 million. With the current difficult market conditions, [...]

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