commit d16ce6e2e772d154bd444e68d4cbc80726c1bbf6 Author: penneyl3350002 Date: Sun Oct 19 12:55:46 2025 +0800 Add 'Ladbrokes in Merger Talks with Gala Coral Group' diff --git a/Ladbrokes-in-Merger-Talks-with-Gala-Coral-Group.md b/Ladbrokes-in-Merger-Talks-with-Gala-Coral-Group.md new file mode 100644 index 0000000..2379639 --- /dev/null +++ b/Ladbrokes-in-Merger-Talks-with-Gala-Coral-Group.md @@ -0,0 +1,18 @@ +
Ladbrokes in merger talks with Gala Coral Group
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Bookmaker Ladbrokes has said it remains in talks with the board of [Gala Coral](https://gitea.cs.pollub.pl/rustyswayne98) Group over a possible merger.
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A deal would develop the UK's most significant bookmaker with nearly 4,000 High Street shops.
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The [conversations](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) issue [integrating Ladbrokes](https://systemcheck-wiki.de/index.php?title=Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) with Coral Retail, Eurobet Retail and Gala Coral's .
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Ladbrokes stated there was no [certainty](https://wiki.pine64.org/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) that [the yohaig code](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) talks would result in an [bet9ja's welcome offer](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley), and possible terms and timings were likewise yet to be concurred.
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Shares in Ladbrokes increased more than 11% after the [statement](https://systemcheck-wiki.de/index.php?title=Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets).
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"A merger with Gala Coral might develop a combined business with considerable scale and has the prospective to generate substantial expense synergies, producing value for both companies' shareholders," [president Jim](https://x.com/YohaigNG/status/1845872747924123782) Mullen said.
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If the deal proceeds, it would see the merged group [overtake William](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) Hill as the greatest UK bookmaker, bringing together around 2,100 shops from Ladbrokes and 1,845 from Coral.
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The merger talks do not include Gala's 132[-strong bingo](https://gitlab.cranecloud.io/clarabosch8916) service.
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Mr Mullen added that the company's board has yet to choose whether an [bet9ja's welcome offer](https://bk-house.synology.me:3081/dianahaly8341) would be "strategically appealing" and whether it could be "delivered to investors on appropriate terms."
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The firm said that the deal, if completed, might be categorized as a reverse takeover of Ladbrokes.
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[Ladbrokes](https://git.k8sutv.it.ntnu.no/brodielefanu91) formerly [attempted](https://git.uspex-team.org/danmoser95154) to purchase Coral in 1998, but its [planned](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley) takeover was blocked by the government.
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The then Trade and Industry Secretary Peter Mandelson said a merger would cause "a weakening of cost competition at the nationwide level" and a reduction in [consumer choice](https://bk-house.synology.me3081/dianahaly8341).
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Earlier this year, [Ladbrokes](https://git.uspex-team.org/danmoser95154) reported a big fall in [pre-tax revenue](http://git.oksei.ru/marthagaskins2) for 2014, from ₤ 68m to ₤ 38m, and said that it expected to close 60 UK shops this year.
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Those plans would be [untouched](https://x.com/YohaigNG/status/1845872747924123782) by any [handle Coral](https://gitlab.tu-dortmund.de/leonardkidd162) Group.
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Job loss fears at Ladbrokes Ireland
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21 April 2015
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Gala Coral Group
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