Ladbrokes’ proposed merger with Coral has moved a step closer after the London-listed operator’s shareholders voted almost unanimously in favour of the deal at the company's General Meeting today (November 24th).
The General Meeting saw 96.36 per cent of votes - 765,895,851 – cast in favour of the merger, which will see Coral Retail, Eurobet Retail and Gala Coral’s online businesses combine with Ladbrokes’ businesses to establish the £2.3bn gaming giant Ladbrokes Coral. Just 3.64 per cent [...]