The prospect of a private equity firm taking a stake in Mitchells & Butlers has suffered a blow after Punch Taverns walked away from "any transaction" with its embattled rival.
Added: 2008-04-19
Punch Taverns pulls out of M&B buyout talks
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Virgin talks to Dubai International Capital over expansion plans
Virgin has held informal talks with Dubai International Capital (DIC) about securing investment backing from the $12 billion ($
Clarkson chief made £10m in four years
Richard Fulford-Smith, who was last week ousted as chief executive of Clarkson, earned more than £10m in his four-year stint at the helm of the world's biggest shipbroker.