Mitchells & Butlers refutes suggestions it needs capital injection
Mitchells & Butlers PLC refuted suggestions it needs a capital injection or that it needs to cut capital investment in order to retain its dividend payment.
Mitchells & Butlers PLC, which owns and operates 2,000 pubs in the UK, said Thursday it intends to invite each of the four candidates nominated by Piedmont to meet with its external head hunters and the nomination committee to enable the Board to formulate its recommendation as to how shareholders should vote at the AGM on these elections.