GVC eyes potential takeover of Ladbrokes Coral

Article by - - filed under Business, Online Gambling.

ladbrokes bookmaker logo

Britain’s largest bookmaker Ladbrokes Coral has confirmed it is in ‘detailed’ discussions over a potential takeover by gambling group GVC. The deal would make Ladbrokes Coral worth a staggering £3.9bn ($5.2bn or €4.4bn) should the deal go ahead. The announcement sent Ladbrokes Coral’s shares souring, up 25% this morning. GVC shares also climbed 7%. The… Read more »

Ladbrokes and Gala Coral confirm merger worth $3.4 billion

Article by - - filed under Business.

ladbrokes and coral betting shops

British bookmakers Ladbrokes and Gala Coral on Friday agreed a merger between the two companies with an estimated value of £2.3 billion ($3.4 billion). The merger will create a business with the largest high street presence and the potential to become one of the biggest players in the online gambling market. Ladbrokes told the market… Read more »