Bid for Tote 'short of £400m target'

A horse-racing industry consortium has made a formal bid for the Tote, the British government-owned bookmaker, below its £400m (€594m) price tag, it was reported today.

Bid for Tote 'short of £400m target'
Sun, 17 Sep, 2006 - 14:34
1

A horse-racing industry consortium has made a formal bid for the Tote, the British government-owned bookmaker, below its £400m (€594m) price tag, it was reported today.

The offer could prompt the British government to consider an alternative sale.

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CourtsBusinessHeathrowPlace: PutneyPlace: WiganPlace: UKOrganisation: ToteOrganisation: British GovernmentOrganisation: LabourOrganisation: Racing TrustOrganisation: British Horseracing BoardOrganisation: BHB Industry CommitteeOrganisation: Jockey ClubOrganisation: European CommissionOrganisation: Price Waterhouse CoopersOrganisation: Arena LeisureOrganisation: Racecourse Holdings TrustOrganisation: AintreeOrganisation: Racehorse Owners AssociationOrganisation: SundayOrganisation: Sunday TimesOrganisation: Department of Culture, Media and SportOrganisation: LadbrokesOrganisation: William HillOrganisation: Gala Coral
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