, UK

Sachem Head urges Whitbread to consider break-up

The investor asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses.

Two people familiar with the matter told Reuters that Sachem Head wants Whitbread’s management team to examine a break-up as a way to boost the value of its individual businesses. The company’s current market capitalisation is about 7.2 billion pounds.

Spokesmen for Whitbread and Sachem Head declined to comment.

Join QSR Media UK community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Bakery chain GAIL’s reportedly exploring sale
The chain’s parents have hired bankers to explore possible sale.
Legal
Subway Global CEO resigns
He has led the fast food giant for five years.
Human Resources
McDonald’s grimace shake returns to UK
It will return on 11 December and will be available for just two weeks.