GVC and Ladbrokes Coral in £3.9bn takeover talks

The two operators are in “detailed discussions” over a potential acquisition, with final price dependent on outcome of FOBT review

GVC Holdings has announced it is in “detailed discussions” over a potential acquisition of Ladbrokes Coral, a deal which would value the UK bookmaking giant at up to £3.9bn. A statement on the proposed deal this morning revealed GVC plans to acquire the entire issued and to-be issued share capital of Ladbrokes Coral, with the…

GVC Holdings | Kenny Alexander | Ladbrokes Coral | M&A