Oct. 14 (Bloomberg) -- Punch Taverns Plc, the largest U.K. pub owner, fell the most since June in London trading after posting a widened full-year loss and taking impairment charges to reflect declining pub values.
Punch fell as much as 13 percent. The net loss was 176.4 million pounds ($282 million) in the year ended Aug. 22, from a loss of 64.7 million pounds a year earlier, the Burton upon Trent, England-based company said in a statement today. Sales declined 7.7 percent to 1.44 billion pounds.
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