Ladbroke/Coral deal backed

The Tanaiste and Minister for Enterprise, Trade and Employment, Ms Harney, has approved the takeover of Coral by Ladbroke following…

The Tanaiste and Minister for Enterprise, Trade and Employment, Ms Harney, has approved the takeover of Coral by Ladbroke following receipt of a report from the Irish Competition Authority giving the go-ahead to the proposal.

The £375.5 million sterling deal between the two British groups involves 891 betting shops changing hands, including 50 shops in the Republic.