![]() The price is based on the worst-case scenario for Ladbrokes, under which the Department for Digital, Culture, Media and Sport (DCMS) cuts the maximum FOBT stake to £2, hitting the company’s revenues.īut the value will move on a sliding scale depending on DCMS’ final decision due next year, rising to £3.9bn if stakes are set at the highest possible option of £50. GVC, owner of Foxy Bingo, said it was willing to pay at least £3.1bn in cash and shares for Ladbrokes, just a year after the bookmaker completed its merger with Coral. Ladbrokes Coral and online gambling rival GVC have renewed talks about a takeover which could be valued at £3.9bn – but with the proviso that the deal could be cut by £800m depending on the final result of a government review of controversial fixed-odds betting terminals (FOBTs). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |