| Target: | WOLVERHAMPTON & DUDLEY BREWERIES PLC | SIC Codes: | 2082 5813 0 0 0 |
| Country: | United Kingdom | Industrial Sectors: | Breweries, Pubs & Restaurants |
| Activities: | BREWING & PUB OWNERSHIP/MANAGEMENT/OPERATION | ||
| Bidder: | PUBMISTRESS LIMITED | ||
| Country: | United Kingdom | SIC Codes: | 5813 0 0 0 0 |
| Activities: | PUB OWNERSHIP | ||
| Bidding Subsidiary: | SILVERHONEY PLC | ||
| Country: | United Kingdom | SIC Codes: | 6726 0 0 0 0 |
| Activities: | ACQUISITION VEHICLE | ||
| Date Announced: | 2001/06/04 | Date Completed: | 2001/08/13 |
| Deal Status: | Failed | Deal Type: | Public |
| Deal Attitude: | Hostile | Cross Border: | No |
| % Capital Owned: | 0 | % Capital Bid For: | 100 |
| Competitive Status: | Single bidder | ||
| Regulatory Referral: | No referral | ||
| Consideration Type: | Cash or Partial Loan Note Alternative | ||
| Deal Value (m) | Rate to STG 1.000 | Target Financials (m) | Rate to STG 1.000 | ||
| UK Sterling | UK Sterling | ||||
| Ordinary Offer Value | 484.493 | Sales | 605.9 | ||
| Other Equity Value | 0.161 | Depreciation/Amortisation | 42.6 | ||
| Total Equity Value | 484.654 | Operating Profit | 104.6 | ||
| Net Debt | 512.2 | NPBT | 26.9 | ||
| Minorities | 0 | NPAT | 8.5 | ||
| Firm Value | 996.854 | Net Income | 8.5 | ||
| Shareholders Funds | 589.6 | ||||
| Price Ratios | Firm Value Ratios | ||||
| Price/Sales | 0.8 | Firm Value/Sales | 1.65 | ||
| Price/NPAT | 57.02 | Firm Value/EBITDA | 6.77 | ||
| Price/Book | 0.82 | Firm Value/EBIT | 9.53 | ||
| Accounts Source: | TRAILING TWELVE MONTHS TO 31/03/2001 | Reliability: | Unaudited |
| Deal Value Source: | BIDDER PRESS RELEASE (04/06/2001) | Reliability: | Accurate |