Two US activist investors in Whitbread are set to push for the owner of Premier Inn and Costa Coffee to break up faster than the two-year timeframe laid out by the company.
Sachem Head and Elliott Advisors had been pushing for a spin-off of Costa before the £7.8bn company announced plans for a demerger on Wednesday.
However, the shareholders are poised to change their angle of attack by putting pressure on the board of the FTSE 100 leisure group to shorten its proposed timetable.
