British restaurant and hotel owner Whitbread Plc has announced that it has received clearance from the European Union for the sale of the Costa coffee chain to Coca-Cola Co.
Share Buyback Programme
Whitbread said it now expects the deal to close in January of 2019 and that it will implement a new £500 million share buyback programme after the deal closes.
News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.
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