Ladbrokes to merge with smaller rival Coral – to create UK’s biggest bookmaker

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Ladbrokes have planned a potential future merger with Gala Coral which could see around 4,000 locations sporting the new company name Ladbrokes Coral. The deal would be expected to value the combined business at around £2.3 billion leaving the current high street dominator Willian Hill in 2nd place in terms of unit locations. The Competition and Markets Authority’s (CMA) have provisionally stated…

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