FT Opening Quote – Bet is back on for GVC-Ladbrokes Coral merger

By Chris Nuttall Dec 7, 2017 3:03 AM EST

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For Ladbrokes Coral shareholders this morning, it is not so much a case of Christmas coming early, as a bid coming early, writes Matthew Vincent. GVC Holdings’ wish to buy the High Street bookmaker has been known for months – it has been the worst kept secret in the the FTSE 250. But most people expected the two companies would wait until the outcome of the government review of fixed odds betting terminals – the high-stakes machines that deliver a majority of Ladbrokes’ retail revenues.

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