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Tag Archives: Whitbread

Business Live: Whitbread stocks rise

Business Live: Whitbread Shares Rise – BBC News <! – <! – <! – <! – <! – <! – <! – Summary Contact: bizlivepage@bbc.co.uk Coca Cola has announced the planned purchase of the coffee chain Costa Announces UK housing prices fall in August Homebase creditors vote on a turnaround plan Trump has threatened to bring the US out of …

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Coke Adds Coffee Giant Costa to Beverage Portfolio After $ 5 Billion Whitbread Deal

The Coca Cola Company (KO) announced Friday that it will purchase the Starbucks SBUX Coffee brand, the world's second-largest Starbucks SBUX for approximately $ 5 billion from British pub and hotel operator Whitbread plc ( 19659002) deal, where Coca Cola will earn approximately 16.4 times as much as Costa's full-year operation, which derives an enterprise value of £ 3.9 billion …

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Elliott stake adds pressure for Whitbread Split, analysts say

The appearance of Elliott Advisors on the Whitbread Plc shareholder register increases pressure on the UK company to separate the Costa Coffee Shops from its Premier Inn hotels. Whitbread shares in London rose even 8.6 percent, most since September 2009 and more, as a smaller activist fund, Sachem Head, announced in December a stake. Elliott has presented Whitbread Management with …

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Whitbread rises as Elliott publishes stake in Costa Owner

Shares in Whitbread Plc, the operator of Costa Coffee Shops and Premier Inn Hotels, rose most in nine years, after activist investor Elliott Management Corp. announced a 6 percent stake, making it the company's largest shareholder Elliott Advisors UK Ltd., a London-based subsidiary of billionaire investment company Paul Singer, said on Saturday that it owns the Whitbread stake. Elliott joined …

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