Ask target for takeover

12 November 2003 by
Ask target for takeover

Pizza chain Ask Central today confirmed that it had received a takeover approach following speculation that Whitbread was interested in buying the company.

However, Whitbread has denied that it is the company behind the approach.

"We already have a very good pizza business. Besides, the joint venture we have with Yum! for Pizza Hut precludes us from buying any other pizza businesses," said a Whitbread spokesman.

Ask said that it was too early to say if the approach would amount to a firm offer.
"These discussions are at an early stage and there can be no guarantee that an offer will be forthcoming," it said in a statement.

by Christina Golding

Buy this week's Caterer for more industry news and analysis.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking