Mitchells & Butlers drops auditor
Mitchells & Butlers, the pub group which lost its chairman and chief executive earlier this year, has dropped its auditors Ernst & Young in a move which will be closely watched by the company's small shareholders.
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.