Whitbread launches £1bn fundraise

Whitbread launches £1bn fundraise

Whitbread (WTB) will look to raise £1bn from investors via a rights issue in a bid to shore up its balance sheet and sustain its expansion efforts in the UK and Germany during the coronavirus pandemic. Whitbread, which operates pubs, hotels and restaurants, has earmarked the reopening of its UK hotels and restaurants for September within its internal modelling.

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