Ladbrokes takeover talks fold

Bookmaker Ladbrokes today said talks over a possible takeover of online rival 888 have ended after the two companies failed to agree a price.

Ladbrokes takeover talks fold

Bookmaker Ladbrokes today said talks over a possible takeover of online rival 888 have ended after the two companies failed to agree a price.

The pair announced they were in discussions in December, amid reports that Ladbrokes could offer as much as £240m (€271m) for its rival in a move that would have boosted its online offer, which was lagging those of its peers.

But it is believed the companies could not agree on a price for 888, which is advertised by former Australian cricket star Shane Warne, despite months of haggling.

More in this section

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up