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Whitbread has no plans to sell

Whitbread says it has no plans to sell the company despite speculation that it will be the next bid target in the hotels and pubs sector.

The Independent says the company is ripe for a break-up bid led by a private equity house given its variety of assets.

References: Financial Times 07/03/03 page 46 (Markets – London), The Times 07/03/03 page 32 (Stock Markets), The Independent 07/03/03 page 22 (Market Report), The Guardian 07/03/03 page 26 (Market forces)

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