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Director buys up Po Na Na.

Europe Intelligence Wire

| August 22, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Western Daily Press)

THE late-night bars formerly run by collapsed chain Po Na Na moved out of administration yesterday in a GBP6million deal involving a former director.

Ex-commercial director David Phelps is part of a group called Barvest which is buying 28 venues.

Among those bought by Barvest are Po Na Na clubs in Bristol, Bath and Swindon, Fez clubs in Bristol, Bath and Cheltenham as well as Babylon in Bath and Boom in Cheltenham.

Bristol's Creation nightclub is among five still to be …

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