StreetInsider.com News Articles

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

LONDON, May 18, 2026 /PRNewswire/ -- Corvex Management LP ("Corvex"), which manages funds that have an economic interest in over 11.8 million shares of Whitbread PLC ("Whitbread" or the "Company") (LON: WTB),

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC

Mon, 18 May 2026 03:53:00 -0400

Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan

After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking Shareholder Value

Absent Whitbread's Public Commitment to a Formal Sale Process, Corvex is Prepared to Nominate Directors to the Board

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

LONDON, Dec. 18, 2025 /PRNewswire/ -- Corvex Management LP ("Corvex") today announced that funds affiliated with Corvex have accumulated an economic interest in 10,221,246 share equivalents representing approximately 6.05% of the issued and outstanding ordinary share capital of Whitbread PLC ("Whitbread" or the "Company") (LON: WTB).

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Corvex Management Announces Ownership Stake in Whitbread PLC

Thu, 18 Dec 2025 03:45:00 -0400

Calls for strategic review of the Company's direction and capital allocation

Plans to work constructively with the Board and management to maximise value for all shareholders

Corvex issued the following statement regarding its investment:

"Corvex invested in Whitbread because we believe the current market price reflects not

Berenberg Reiterates Buy Rating on Whitbread PLC. (WTB:LN) (WTBDY)

Wed, 26 Jun 2024 08:27:43 -0400

Berenberg analyst Jack Cummings reiterated a Buy rating and GBP40.00 price target on Whitbread PLC. (WTB:LN) (OTC: WTBDY).

The analyst comments: "Whitbread’s shares have fallen by 19% ytd. We think the current valuation is pricing in a pessimistic scenario where demand continues to fall, which we do not think is likely. In our view, the supply/demand dynamic remains favourable in the UK and our analysis suggests that Whitbread’s Accelerating Growth Plan (AGP) could drive strong PBT growth into the medium term. Germany continues to trend towards breakeven and we think the Euro 2024 football championships currently taking place in the country

Berenberg Reiterates Buy Rating on Whitbread PLC. (WTB:LN) (WTBDY)

Wed, 26 Jun 2024 08:27:43 -0400

Berenberg analyst Jack Cummings reiterated a Buy rating and GBP40.00 price target on Whitbread PLC. (WTB:LN) (OTC: WTBDY).

Berenberg Reiterates Buy Rating on Whitbread PLC. (WTB:LN) (WTBDY)

Wed, 26 Jun 2024 08:27:43 -0400

Berenberg analyst Jack Cummings reiterated a Buy rating and GBP40.00 price target on Whitbread PLC. (WTB:LN) (OTC: WTBDY).

Berenberg Reiterates Buy Rating on Whitbread PLC. (WTB:LN) (WTBDY)

Wed, 26 Jun 2024 08:27:43 -0400

Berenberg analyst Jack Cummings reiterated a Buy rating and GBP40.00 price target on Whitbread PLC. (WTB:LN) (OTC: WTBDY).