Whitbread lodges intent to become UK’s premier budget operator

Whitbread is considering a £500m move for Premier Lodge, part of Scottish & Newcastle’s pub division which is about to be sold to one of three shortlisted bidders.
The 132-outlet Premier Lodge would be ‘absorbed’ into Whitbread’s Travel Inn.
UBS and Deutsche Bank are handling the £2.5bn sale of the S&N estate, with Whitbread hoping to pick up the Premier Lodge chain from the successful buyer rather than direct from S&
UBS and Deutsche Bank are handling the £2.5bn sale of the S&N estate, with Whitbread hoping to pick up the Premier Lodge chain from the successful buyer rather than direct from S&
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