M&B strikes out Hollywood Bowl
MITCHELLS & Butlers, the pubs group whose outlets include the historic Sheep Heid in Edinburgh, is close to selling its chain of ten-pin bowling centres for about £40 million.
Adam Fowle, M&B's chief executive, is understood to have deemed the Hollywood Bowl chain a non-core business as the company focuses on pub restaurant chains such as Harvester and Toby Carvery.
Industry sources said privately-owned AMF was a front-runner in the auction.