Search results
- In November 2016, Gala Coral was acquired by Ladbrokes, which changed its name to Ladbrokes Coral.
en.wikipedia.org/wiki/Coral_(bookmaker)
People also ask
Will Caledonia buy Gala Coral?
Who owns Gala Coral?
Will Ladbrokes buy Gala Coral?
Who owns Gala Bingo?
Who owns Coral Eurobet?
Who owns Britain's Biggest Bingo chain Gala?
Oct 26, 2015 · Britain's biggest bingo chain Gala has been sold in a £241m deal. Caledonia Investments confirmed the deal, first reported by Sky News, which will see it acquire the 130-strong chain of bingo clubs, with a market share of 38%, from Gala Coral.
The owners of Gala Coral, one of Britain's biggest gaming and leisure groups, are in talks about preparing for an exit that could value the group at more than £2bn.
Jul 24, 2015 · Ladbrokes will issue new ordinary shares to existing Gala Coral shareholders, representing 48.25 per cent of the combined business. Ladbrokes shareholders will hold 51.75 per cent of the new...
- John Aglionby
Dec 21, 2015 · Gala's proposed £2.3 billion merger with Ladbrokes, announced in June, remains subject to approval from the Competition & Markets Authority. The sale of some of Coral's assets is seen as an attempt to ease competition regulator's concerns about the size of the new gambling giant.
After the sale of its 126 clubs in 2015 to Caledonia Investments (who rebranded them as Buzz Bingo in September 2018 [ 1 ]), Gala Coral retained the online Gala services and was later acquired by Ladbrokes (which was later acquired by GVC Holdings).
Nov 30, 2015 · Gala Coral has been dragged into the red after taking a £171m hit on the value of the bingo hall business that it is selling as part of its tie-up with rival Ladbrokes.
London-based Caledonia Investments PLC announced last Monday that the Gala Coral Group has agreed to sell Gala Bingo Holdings to the investment trust company in exchange for a £241 million settlement price.
