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Whitbread buys Pelican restaurant chains for £133.1m

Whitbread has bought Pelican, the restaurateur which owns the Cafe Rouge and Dome chains, for £133.1m. Pelican shares have risen tenfold over the past five years and have doubled in the past 12 months. Whitbread wants to open 40 Cafe Rouges and Domes each year.

  • Financial Times 31/7/96 page 20 (Lex), page 21
  • The Times 31/7/96 page 23. page 26 (Tempus)
  • The Independent 31/7/96 page 16, page 18 (The Investment Column), page 20
  • The Daily Telegraph 31/7/96 page 21, page 25 (Questor)
  • The Guardian 31/7/96 page 3

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