International edition
September 24, 2020

With the additional title of chair

Burke returns as Rank Group CEO

(UK).- Ian Burke, who resigned from his position as CEO of Rank Group last week, has rejoined the company's board in the same role and with the additional title of chair.

I

t comes as the owner of the Mecca Bingo and Grosvenor Casino brands decided that it will no longer recommend that shareholders accept a takeover offer from Guoco Group.

On 30 June, Guoco announced that its offer would remain open until 15 July with a further seven-day extension possible. Rank has now told shareholders to reject the proposal.

Shareholders who have already accepted the offer between 17 June and 1 July have been recommended to submit indications of withdrawals by 15 July.

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