GVC £4 billion acquisition of Ladbrokes Coral

22/12/2017
Private acquisition

£ 4 billion

$ 5.43 billion

Announced

22/12/2017


Overview:

  • GVC has acquired Ladbrokes Coral for £4 billion.
  • GVC is the current owner of Sportingbet, Bwin and Foxy Bingo and will own 53.5% of the combined new company.
  • The target company has become the biggest High Street bookmaker after the merger between Ladbrokes and Coral
  • Houlihan Lokey acted as financial adviser to GVC.

Katrin Kostadinova - Data analyst 

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