Saturday, 22 December 2018

Whitbread gets EU clearance for Costa sale

Business correspondent(wp/es):
British restaurant and hotel owner Whitbread Plc (WTB.L) said on Friday it has received clearance from the European Union for sale of the Costa coffee chain to Coca-Cola Co (KO.N).
Whitbread said it now expects the deal to close in January next year and will implement a new 500 million pound share buyback programme after the deal close. (reut.rs/2BzA3A1)

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