Sign up to The Irish Times Archive (1859 - 2008)My Account »
Wed 12 Dec 2009Joe Lewis has the stomach for this high-stakes pub brawl
LONDON BRIEFING:LOSING THE best part of $1 billion in the collapse of Bear Stearns last year does not appear to have dulled the ambitions of Joe Lewis, the legendary Bahamas-based currency speculator whose battle for control of Mitchells & Butlers has now exploded into open warfare, writes FIONA WALSH
Despite its rather anonymous corporate name, M&B owns some of Britain’s best-known pubs and bars, from the Harvester restaurants chain to All Bar One and O’Neills. Thanks to Lewis, still a member of the billionaire’s club despite his credit crunch losses, the company is now at the centre of one of the messiest, and most public, boardroom battles seen in the City for some time.
Choose a Subscription type - required
