Whitbread shareholders asked to vote on Pizza Hut sale

17 August 2006 by
Whitbread shareholders asked to vote on Pizza Hut sale

Whitbread has called shareholders to a meeting to vote on whether the company should sell its 50% share in Pizza Hut UK.

Circulars were posted on 16 August convening a meeting on 4 September to approve the proposed sale.

Whitbread announced it had entered into a conditional deal with Yum! Restaurant Holdings on 31 July.

By Matthew Batham

Whitbread's sale puts bite into war chest>>

Whitbread sells Pizza Hut stake to partner Yum! Restaurants>>

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