GVC eyes Ladbrokes Coral acquisition
Bookmaker Ladbrokes Coral has agreed to a multi-billion pound takeover by an Island-based firm.
GVC - headquartered in Athol Street in Douglas - currently owns Bwin, Sportingbet and Foxy Bingo.
It's now looking to acquire Ladbrokes Coral for a deal thought to be worth £4billion for a 53.5 per cent stake.
Chief Executive Kenneth Alexander described the move as 'a truly exciting prospect'.
Court orders return of property seized by police
Deemster agreed searches appeared to be a 'fishing expedition'
Number of bus services cancelled or at risk today
Bus Vannin blames ‘staffing difficulties’
Court to order election recount
Julie Edge has petitioned the court after alleged irregularities in this year's election and result declaration.
Charity to connect elderly people with services at event
Age Concern hopes to inform residents about support available