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Britain’s Whitbread Open To Selling Either Costa Or Premier Inn

(Reuters) Britain’s Whitbread (WTB.L) is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders. The FTSE 100 company said in April it planned to demerge Costa into a separately listed company within two years to “provide shareholders with an investment in two distinct, focused and market-leading businesses”.

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