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London-listed gaming operator Ladbrokes Coral Group has reported a net loss of £204.3m for 2016 as a result of significant non-trading costs relating to its merger, although revenue was boosted by strong growth in its Digital and European Retail businesses.

Shares in performance marketing specialist XLMedia fell by more than 7 per cent in London Tuesday after the company’s two largest shareholders sold their remaining 32 per cent stake in the business for £70.6m.

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