Elliott builds up stake in Whitbread
Activist investor calls on group to spin off Costa Coffee
Move to boost Premier Inn’s presence in country’s market
Hargreaves Lansdown says investors intrigued by break-up prospects
Whitbread shares in demand as group posts Q3 results January 2018
Investor urges Costa Coffee and Premier Inn owner to pursue break-up
Whitbread appoints Adam Crozier as next chairman
Costa Coffee owner appoints Adam Crozier amid break-up speculationJanuary 2018
Barclays Capital lifts Whitbread’s valuation
Move comes as analysts pose question of Costa Coffee and real estate saleJanuary 2018
Berenberg reaffirms bullish stance on Whitbread
Analysts argue headwinds should not be too much concernDecember 2017
Activist investor expected to push for Whitbread split
New York-based fund builds position in Premier Inn and Costa Coffee ownerDecember 2017
Whitbread shares under pressure as group posts results
Profits at Costa Coffee come in flatOctober 2017
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Whitbread share price: Group poaches Lloyds’s executive for CEO role
FTSE 100 gets sixth female CEO with Whitbread appointmentMay 2015
Whitbread share price: Group appoints new CEO
Alison Brittain to succeed outgoing boss Andy HarrisonMay 2015
Whitbread share price declines as annual performance improves but CEO steps down
Whitbread CEO to step down by Feb 2016 following highly successful tenureApril 2015
Costa Coffee on track to double sales to £2bn by 2018
Capital investment seen at up to £400 millionDecember 2013
Whitbread share price rises as break-up talks rekindled
Costa Coffee spin-off would benefit Whitbread says Goldman SachsApril 2015
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About Whitbread plc
Whitbread plc (LON:WTB) is the UKâs largest hotel, restaurant and coffee shop operator with 40,000 employees. The group operates in two segments: Hotels & Restaurants and Costa.
In the UK it had around 2,500 hotels, restaurants and coffee shops as of April 2013. Its largest division is Premier Inn, the largest hotel brand in the UK with around 650 hotels and over 50,000 rooms. The company also has two Premier Inn hotels in India and four in the Middle East and a target for 50 international hotels by 2018.
Whitbreadâs coffee shop brand, Costa, has nearly 1,600 stores in the UK and close to 1,000 in 28 countries worldwide. Costa is the largest and fastest growing coffee shop chain in the UK. The first Costa coffee shop opened in London in 1978 and in 1995 Whitbread acquired Costa with 41 stores nationwide.
Whitbreadâs restaurant brands include Brewers Fayre, Beefeater Grill with over 140 outlets across the UK, Taybarns, and Table Table with 105 outlets in the UK.
Whitbread plc is headquartered in Dunstable, England, United Kingdom. The company was first listed on the London Stock Exchange in 1948.
Andy Harrison is Whitbread plcâs Chief Executive. Anthony Habgood is Chairman.
The company was established in 1742 when Samuel Whitbread founded his first brewery. In 1971, Whitbread was Britain's third-largest brewer by output. In 2001, the group decided to sell all its breweries and brewing interests to Interbrew, now InBev.
Whitbread formerly sponsored the Whitbread Round the World Race, now the Volvo Ocean Race.