Edition:
India

Whitbread PLC (WTB.L)

WTB.L on London Stock Exchange

4,029.00GBp
1:14pm IST
Change (% chg)

36.00 (+0.90%)
Prev Close
3,993.00
Open
3,996.00
Day's High
4,034.00
Day's Low
3,986.00
Volume
6,758
Avg. Vol
629,184
52-wk High
4,573.00
52-wk Low
3,499.90

Select another date:

Thu, Jun 7 2018

Photo

Britain's Whitbread open to selling either Costa or Premier Inn

LONDON Britain's Whitbread is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders.

RPT-UPDATE 1-Britain's Whitbread open to selling either Costa or Premier Inn

LONDON, June 7 Britain's Whitbread is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders.

Britain's Whitbread open to selling either Costa or Premier Inn

LONDON, June 7 Britain's Whitbread is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders.

Costa Coffee to break from Whitbread after investor pressure

LONDON Costa Coffee will be spun off as an independent business after owner Whitbread yielded to pressure from hedge fund investors who saw value in breaking up a group that also runs the Premier Inn hotel chain. | Video

UPDATE 4-Costa Coffee break brewing after Whitbread investors stir

* Costa has attractive international opportunities -CEO (Adds Elliott views, background on industry acquisitions)

BRIEF-Elliott Advisors Believes Whitbread Demerger Should Be Achieved Within 6 Months

* ELLIOTT ADVISORS (UK) LIMITED - PLEASED THAT WHITBREAD HAS ANNOUNCED A DEMERGER AND HAS COMMITTED TO DOING SO "AS FAST AS PRACTICAL".

UPDATE 3-Costa Coffee to break from Whitbread after investor pressure

* Costa is Britain's biggest coffee chain (Recasts headline and lead, adds shares, analyst reaction)

BRIEF-Whitbread Says FY Underlying Pretax Profit Rose 4.5 Pct

* FY UNDERLYING PRETAX PROFIT ROSE 4.5 PERCENT TO 591 MILLION STG

Whitbread CEO says Costa, Premier Inn able to thrive alone

LONDON, April 25 The chief executive of Britain's Whitbread said the time was right to spin-off the group's Costa Coffee chain from its Premier Inn unit as both businesses were big enough and had international growth potential to enable them to thrive alone.

Whitbread to spin off Costa Coffee

LONDON, April 25 Whitbread plc said it would spin off its Costa Coffee business, leaving it with its Premier Inn hotels operation, with the split expected to be completed within 24 months.

Select another date: