Ladbrokes deal synergies likely to take four years

Online gambling group, GVC, is likely to take four years to realise its targeted, £100m (€113m) cost synergies, from its proposed, £4bn takeover of betting giant, Ladbrokes-Coral, writes Geoff Percival.

Ladbrokes deal synergies likely to take four years

Online gambling group, GVC, is likely to take four years to realise its targeted, £100m (€113m) cost synergies, from its proposed, £4bn takeover of betting giant, Ladbrokes-Coral, writes Geoff Percival.

GVC — which owns the likes of Foxy Bingo, Sportingbet, and Bwin — has reached agreement to buy Ladbrokes-Coral. The deal is expected to be complete before the halfway point of next year.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

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.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited