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Joe Lewis 13/10/2011
23:29 : Billionaire Lewis calls time on bid for M&B -
The billionaire tycoon, Joe Lewis, has dropped his bid for Mitchells & Butlers, the owner of the All Bar One, O'Neill's and Harvester pub chains, declaring it "increasingly risky" as market conditions have deteriorated.
22:41 : Joe Lewis takes parting shot after ditching M&B bid -
The currency trader, who is the biggest single shareholder in the All Bar One and Harvester chain, warned he will remain ‘an active and engaged shareholder'.
22:18 : Joe Lewis withdraws M&B takeover offer -
Piedmont, the investment vehicle, cited market volatility, the economic climate and the pub group's most recent trading statement as reasons for its decision
19:40 : 'Superyacht diplomacy' from Joe Lewis fails to alter M&B's course -
We should, of course, have realised that something was up when billionaire currency trader Joe Lewis weighed anchor last week, slipped quietly out of the Pool of London and sailed off down the Thames.