Only a few weeks ago, the UK bookmaker Ladbrokes Coral and the Isle of Man-based gambling group GVC Holdings announced they reached an agreement on their merger negotiations. As revealed by the two companies at the time, Ladbrokes Coral is to be taken over by its online gambling rival GVC in a deal that was estimated to up to £4 billion. The announcement came only two weeks after it became clear that the two companies had entered in “detailed” negotiations over a possible merger deal. The deal follows two previous…
Read MoreGVC Holdings’ Merger with Ladbrokes Could Boost Isle of Man Economy
