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Restaurant

Whitbread Gets EU Clearance For Costa Sale

By Dave Simpson

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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