Whitbread launches £1bn cash call

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Whitbread launches £1bn cash call

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William - stock.adobe.com

Whitbread, the parent of Premier Inn and Beefeater Restaurants, has unveiled plans for a £1bn rights issue tp bolster its balance sheet following mass disruption in the hospitality industry during the Covid-19 pandemic, which has forced the closure of pubs and hotels in the UK.

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