, UK

Activist investor acquires major stake in Whitbread

Elliott Advisors is likely to push for the spin-off of Costa as it now holds the largest share in Whitbread.

It has built up a £430m position in Whitbread over the last year. Set up by US billionaire Paul Singer, Elliott has a track record of agitating for change across some of the world's biggest companies. While on good terms with Whitbread's management, it is understood the fund is keen for the company to be split in two.

Formed of Premier Inn and Costa, Whitbread's current market capitalisation of £7.2bn would see the creation of two separate firms worth an aggregate of £10bn.

Read more here.

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!