A PYMNTS Company

U.K.: Rank Group Updates Developments On Acquisition Of Gala Casinos

By  |  September 21, 2012
U.K.: Rank Group Updates Developments On Acquisition Of Gala Casinos

CPI reported that Rank announced that it would conditionally agree to acquire Gala Casinos for a total consideration of 205 million pounds from Gala Coral Group Limited upon the approval of Rank shareholders and upon receipt of UK merger control clearance by 19 September 2012. Rank stated that the acquisition will not become unconditional by 19 September 2012 and therefore the agreement relating to the acquisition will cease to be formally binding on the parties.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: RTT News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.