Ladbrokes announced that it was in discussions with the betting firm Gala Coral Group (held by private equity firms) to create the UK’s biggest bookmaker by number of betting shops (c.4,000 including c.2,300 for Ladbrokes out of the 9,000 shops in the UK) and the third largest online business. The new merged and listed group would include Ladbrokes’ operations and Coral Retail (the 132 bingo halls would not be part of the deal), Eurobet retail and Gala Coral's online business ("Co
24 Jun 2015
Ladbrokes and Gala Coral are in merger talks
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Ladbrokes and Gala Coral are in merger talks
Ladbrokes Coral Group (LCL:LON) | 0 0 1.4% | Mkt Cap: 3,187m
- Published:
24 Jun 2015 -
Author:
Bérénice Lacroix -
Pages:
2
Ladbrokes announced that it was in discussions with the betting firm Gala Coral Group (held by private equity firms) to create the UK’s biggest bookmaker by number of betting shops (c.4,000 including c.2,300 for Ladbrokes out of the 9,000 shops in the UK) and the third largest online business. The new merged and listed group would include Ladbrokes’ operations and Coral Retail (the 132 bingo halls would not be part of the deal), Eurobet retail and Gala Coral's online business ("Co