Share Action Signals a Bid for Whitbread

Summary


IT LOOKS as if the long-awaited bid for hotels, pubs and coffee shops operator Whitbread is now just around the corner.

At least, that was what the share price was indicating today as it soared by more than a quid with over seven million changing hands.

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Extract


Share Action Signals a Bid for Whitbread

The story doing the rounds late last night claimed the US real estate group Starwood Capital was poised to bid up to 2500p a share, valuing the Premier Travel Inn and Costa coffee bars group at almost 5 billion. D...

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