A U.S.-based hedge fund, disclosed a 6% stake in the Premier Inn owner on Thursday and immediately called for a strategic ...

Corvex Management has called for a strategic review at Whitbread after the activist investor took a position in the Premier Inn owner, it was confirmed on Thursday.

Activist hedge fund Corvex Management has taken a stake in Premier Inn owner Whitbread and urged the UK hotels group to review its spending plans in an effort to boost shareholder returns.

Corvex Management said it owns 6.05% of Premier Inn owner Whitbread's shares and is calling for a review of the company and seeking a seat on the board. The asset management firm said Thursday that ...

Whitbread Plc shares jumped the most in more than seven months after activist investor Keith Meister, who successfully lobbied Yum! Brands Inc. to split off its Chinese operations, picked up a stake ...

Corvex Management urged Premier Inn owner Whitbread to review its strategy and 3.5-billion-pound ($4.68 billion) capital plan on Thursday, citing a gap in valuation after recent UK budget changes ...