
Urgent
Business·5/18/2026AI summary
Whitbread faces pressure from Corvex Management to sell
Hedge fund Corvex Management is demanding Whitbread, owner of Premier Inn, be put up for sale, citing a "sleepy share price" and criticizing the company's five-year strategy for its slow returns. Corvex, holding a 7% stake, wants key parts of the plan suspended and threatens to nominate new directors if the board doesn't comply.
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Guardian Business