Agreement could trigger more mergers and acquisitions in the industry

GVC finalizing merger deal with Ladbrokes Coral: report

2017-10-09
Reading time 24 seg
The multibillion-pound agreement between GVC and Ladbrokes Coral could be done this month, according to the Financial Times.

Ladbrokes Coral and GVC are said to have come to an agreement on the shape of a new executive team and board.

The deal could inspire other companies to merge as they struggle not to lose market share in a highly competitive market.

The merger would coincide with the outcome of a UK regulatory review due this month.

“After the review, it won’t be the commencement of talks, it will be the continuation of them,” said David Jennings, head of leisure research at Davy, the Irish wealth managers.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Condiciones de uso and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR