Takeover Talk Swirls at Regent Inns

Summary


STRUGGLING Regent Inns today declared there was no black hole in the accounts but announced the signing of two big-hitting executive appointments, triggering instant talk of a takeover .

Industry veterans Bob Ivell and sidekick finance man John Leslie are being parachuted in to run the Walkabout and Jongleurs chains on aggressive remuneration packages demanding a strong rise in the share price if they are to hit paydirt. They are taking small salaries but big share packages, giving rise to speculation that they will be looking to prepare for a sale.

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Extract


Takeover Talk Swirls at Regent Inns

The pair are renowned for fetching a bump...

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