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Cash and shares tie-up will create online-led global gambling giant with Foxy Bingo owner controlling 53.5% of enlarged group... (To read the full article on the Guardian website, go to:
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Ladbrokes Coral has agreed to be bought by online rival GVC in a deal worth up to £4bn. Under the deal, shareholders in GVC - which owns the Bwin, Sportingbet and Foxy Bingo brands - will hold 53.5% of the combined group. Ladbrokes Coral became the UK's biggest High Street bookmaker following last year's merger of Ladbrokes and Coral.
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