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 Ladbrokes CEO Jim Mullen on [...]