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Corvex’s 6.1% stake in Whitbread sparks calls for strategic overhaul

A bold move by Corvex shakes up Whitbread’s future. Will the hotel giant bow to pressure—or double down on its £3.5bn plan?

This picture is clicked inside the hotel and in front, we see a table on which white color cloth is...
This picture is clicked inside the hotel and in front, we see a table on which white color cloth is placed. On table, we see plates, fork, spoon, glass, branches of tree. Around the table, we see chairs and behind that we see the other table which is like green in color and behind that, we see a man wearing black blazer. Next to him, we see the girl standing and behind them, we see door on which exit is written on it and behind that door, we see two men standing.

Corvex’s 6.1% stake in Whitbread sparks calls for strategic overhaul

Activist investor Corvex Management has bought a 6.1% stake in Whitbread, the company behind Premier Inn. The hedge fund announced its move on 18 December 2025, pushing for changes to boost shareholder value. Whitbread’s shares climbed over 6% on the news, though they remain nearly 14% lower this year.

Corvex is calling for an independent review of Whitbread’s spending and strategy. The fund argues there is a ‘valuation disconnect’ between the company’s share price and its assets. It also wants Whitbread to reconsider its £3.5bn five-year investment plan, citing higher business rates as a concern.

Whitbread’s shares rose after Corvex’s announcement, though they have struggled this year. The company now faces pressure to adjust its investment plans and governance. Any changes could affect its long-term growth and shareholder payouts.

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