Whitbread rises on hopes of Costa spin-off

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Whitbread rises on hopes of Costa spin-off

Aidan Gregory
April 16, 2018 03:00 pm
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A Costa Coffee establishment is seen in Warsaw, Poland on February 14, 2018. (Photo by Jaap Arriens/NurPhoto/Sipa USA) | NurPhoto/SIPA USA/PA Images

Shares in Whitbread, the UK hospitality group, rose by 7% on Monday after Elliott Advisors, the US activist hedge fund, revealed it had become the largest investor in the company.

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