Gaming and betting provider Ladbrokes PLC (LON:LAD) has earlier today published its report for the full year 2015, with the report including an update regarding the anticipated merger with certain businesses of Gala Coral Group Limited. Ladbrokes said the merger is on track with shareholders' approval secured in November 2015 and the Competition and Markets Authority…
Read moreThe UK Competition and Markets Authority (CMA) today announced an invitation to comment on the proposed merger of gaming and betting provider Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses. As usual, the CMA is considering whether this transaction will result in the…
Read moreGaming and betting provider Ladbrokes PLC (LON:LAD) has just announced the results of a General Meeting of shareholders held earlier today. The main purpose of the meeting was for shareholders in Ladbrokes to have their say on a set of resolutions regarding a recommended offer for a merger of Ladbrokes with certain businesses of Gala…
Read moreLadbrokes PLC (LON:LAD), a gaming and betting provider, today had to defend the rationale for the proposed merger with the Coral Group, following stark criticism from one of Ladbrokes' shareholders - Dermot Desmond. Mr Desmond has published an open letter slamming the proposed deal and simply calling it “bad”. His arguments include what has already become…
Read moreThe company has signed £1.35 billion ($2.07 billion) facility with a syndicate of banks to provide financing for the proposed merger with Coral.
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