Heineken acquired Punch Taverns for £1.3bn.

Heineken, a Dutch brewing company, acquired Punch Taverns, a pub and bar operator in the United Kingdom, for £1.3bn. The transaction will strengthen Heineken UK’s exposure to a sustainable revenue source from rental income. The enlarged estate will also provide operational synergies and economies of scale and a strong platform to improve visibility and increase sales of Heineken UK’s beer and cider brands in high-quality pubs.