Activist Investor Pressures Whitbread to Cut Spending
Update: 2025-12-19
Description
Whitbread, owner of Premier Inn, faces pressure from US activist investor Corvex to cut spending, following a £50m hit from UK budget changes. Corvex, owning 6% of Whitbread, calls for a strategic review, questioning Whitbreads £3.5bn capital plan and share price. Whitbread maintains a clear growth strategy, exploring profit-boosting options amid budget impact.
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