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Greene King sold to China then 18:55 - Aug 19 with 3943 viewshomer_123

https://www.bbc.co.uk/news/business-49400232

Ade Akinbiyi couldn't hit a cows arse with a banjo...
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Greene King sold to China then on 18:58 - Aug 19 with 2877 viewsbournemouthblue

It's a great news for everyone, particularly the beneficiaries of the sale presumably according to the Local News

Alcohol is the answer but I can't remember the question!
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Greene King sold to China then on 19:07 - Aug 19 with 2833 viewsjaykay

if greene king had been sponsoring us ,taking over the town could have been part of the deal

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Greene King sold to China then on 19:14 - Aug 19 with 2827 viewsbluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.
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Greene King sold to China then on 19:15 - Aug 19 with 2835 viewsBlueBadger

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]

I'm one of the people who was blamed for getting Paul Cook sacked. PM for the full post.
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Greene King sold to China then on 19:17 - Aug 19 with 2803 viewsfooters

Greene King sold to China then on 19:15 - Aug 19 by BlueBadger

So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]


At deflated prices?

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Greene King sold to China then on 19:19 - Aug 19 with 2793 viewsbluejacko

Greene King sold to China then on 19:15 - Aug 19 by BlueBadger

So, Taking Are Country Back involves selling it to unelected foreigners?
[Post edited 19 Aug 2019 19:18]


So the Chinese would not have invested if we stayed in the EU?
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Greene King sold to China then on 19:21 - Aug 19 with 2787 viewsfooters

Greene King sold to China then on 19:19 - Aug 19 by bluejacko

So the Chinese would not have invested if we stayed in the EU?


They're buying undervalued UK assets, you dope.
[Post edited 19 Aug 2019 19:21]

Dear old footers KC - Private Counsel to Big Farmer - Liberator of Vichy TWTD
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Greene King sold to China then on 19:21 - Aug 19 with 2780 viewsBlueBadger

Greene King sold to China then on 19:19 - Aug 19 by bluejacko

So the Chinese would not have invested if we stayed in the EU?


Probably not, given the massively devalued pound.

I'm one of the people who was blamed for getting Paul Cook sacked. PM for the full post.
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Greene King sold to China then on 19:30 - Aug 19 with 2739 viewsRocky

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


Investment? They've bought it to sell off GK's pubs.
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Greene King sold to China then on 19:33 - Aug 19 with 2734 viewsBLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.

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Greene King sold to China then on 19:34 - Aug 19 with 2707 viewsSpruceMoose

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


Lol. You is an idiot.

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Greene King sold to China then on 19:44 - Aug 19 with 2667 viewsfooters

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Great news for Global Britain!


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Greene King sold to China then on 19:47 - Aug 19 with 2658 viewsMullet

Greene King sold to China then on 19:30 - Aug 19 by Rocky

Investment? They've bought it to sell off GK's pubs.


Loads of GK pubs up here in prime real estate too.

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Greene King sold to China then on 19:47 - Aug 19 with 2655 viewsClapham_Junction

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Sadly an all-too-common modus operandi in the UK - care homes, Debenhams and more recently Network Rail (forced by the government to sell off their profit-making property portfolio).
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Greene King sold to China then on 19:50 - Aug 19 with 2634 viewsitfcjoe

Greene King sold to China then on 19:33 - Aug 19 by BLUEBEAT

They bought the Cambridge company I worked for about 10 years ago.

They asset stripped and sold all of the property and then sold the business infrastructure on to a competitor.


Pubco going back to being a property company, thought that fad had passed

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Greene King sold to China then on 20:00 - Aug 19 with 2572 viewsMarshalls_Mullet

Greene King sold to China then on 19:50 - Aug 19 by itfcjoe

Pubco going back to being a property company, thought that fad had passed


If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.

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Greene King sold to China then on 20:01 - Aug 19 with 2557 viewsfooters

Greene King sold to China then on 20:00 - Aug 19 by Marshalls_Mullet

If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.


Errr, Spoons?


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Greene King sold to China then on 20:01 - Aug 19 with 2554 viewsMarshalls_Mullet

Greene King sold to China then on 19:47 - Aug 19 by Clapham_Junction

Sadly an all-too-common modus operandi in the UK - care homes, Debenhams and more recently Network Rail (forced by the government to sell off their profit-making property portfolio).


Network Rails property portfolio was mainly made up of converted railway arches.

But you're right, it was income generating.

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Greene King sold to China then on 20:02 - Aug 19 with 2546 viewsMarshalls_Mullet

Greene King sold to China then on 20:01 - Aug 19 by footers

Errr, Spoons?



LOL. OK.

To be fair, they are good at what they do... for the market they operate in.

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Greene King sold to China then on 20:03 - Aug 19 with 2545 viewsitfcjoe

Greene King sold to China then on 20:00 - Aug 19 by Marshalls_Mullet

If you think of the biggest pub groups in the UK, there isn't a strong brand between them.

Most of the best pub operators have less than 100 sites.

Greene King, Marstons, EI Group, Stonegate etc, all fairly poor excuses for pubs.

GK have Farmhouse Inns which are money making machines, but you could hardly call them a pub.


Not sure what is behind Ei buying Slug and Lettuce, they will be putting their own pubs out of business.

Punch seem to have focussed their mind since getting rid of all their pubs to Star, gone back to effectively their Pubmaster book of pubs which was much more manageable

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Greene King sold to China then on 20:06 - Aug 19 with 2518 viewsMarshalls_Mullet

Greene King sold to China then on 20:03 - Aug 19 by itfcjoe

Not sure what is behind Ei buying Slug and Lettuce, they will be putting their own pubs out of business.

Punch seem to have focussed their mind since getting rid of all their pubs to Star, gone back to effectively their Pubmaster book of pubs which was much more manageable


Stonegate bought EIG didnt they, but not sure what the strategy is.

EIG have some great sites, but couldnt operate a good pub if they tried.

I think Punch are owned by private equity (May Capital) with a property angle though?

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Greene King sold to China then on 20:07 - Aug 19 with 2514 viewsfooters

Greene King sold to China then on 20:02 - Aug 19 by Marshalls_Mullet

LOL. OK.

To be fair, they are good at what they do... for the market they operate in.


They keep a lot of very nice buildings going and serve cheap, semi-decent ale. I'm happy to drink in there, tbh!

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Please tell me you're one of our fans who thinks MEG is "asset stripping" ITFC on 20:08 - Aug 19 with 2508 viewsDyland

Greene King sold to China then on 19:14 - Aug 19 by bluejacko

Fake news! There is absolutely no investment coming into this country according to some.
Turks buying into the steel industry as well. All fake news.


That would be deliciously and depressingly ironic :)

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Greene King sold to China then on 20:13 - Aug 19 with 2480 viewsMarshalls_Mullet

Greene King sold to China then on 20:07 - Aug 19 by footers

They keep a lot of very nice buildings going and serve cheap, semi-decent ale. I'm happy to drink in there, tbh!


Wouldn't disagree.

They are what they are.

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Greene King sold to China then on 20:18 - Aug 19 with 2451 viewsitfcjoe

Greene King sold to China then on 20:06 - Aug 19 by Marshalls_Mullet

Stonegate bought EIG didnt they, but not sure what the strategy is.

EIG have some great sites, but couldnt operate a good pub if they tried.

I think Punch are owned by private equity (May Capital) with a property angle though?


We used to do a few bits for Enterprise and they couldn't organise a p up in a brewery, no pun intended

Punch are owned by Patron now, but yep private equity - from what I've seen so far they are investing lots in the pubs, but also using dead areas of property to make money - i.e. the Golden Hind in Ipswich which had a huge area of land next to it behind houses which wasn't used and has now built houses on it whilst only losing a bit of pub car park

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