GVC gambles on Ladbrokes Coral takeover
Gambling organisation Ladbrokes Coral is in talks over a takeover by online rival GVC, who own the Bwin and Sportingbet brands in a deal that could value the group at up to £3.9bn. Under the proposals, GVC would hold 53.5% of the combined group. Ladbrokes Coral became the UK’s biggest high street bookmaker following last…