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Ladbrokes and Gala Coral confirm merger talks

23rd June 2015 6:41 am GMT

UK bookmaker Ladbrokes confirmed Tuesday that it is in talks with Gala Coral Group regarding a possible merger of the two businesses.

In response to recent press speculation, Ladbrokes said that it was in discussions with the board of Gala Coral over a possible merger of Ladbrokes and Coral Retail, Eurobet Retail and Gala Coral's online operations, to create an enlarged business.

The announcement comes ahead of a planned business review presentation by [...]

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