MPGE acquires Coral from Ladbroke Group

Article Abstract:

Morgan Grenfell Private Equity Ltd. has acquired the Coral Group, the third-largest chain of betting shops in the United Kingdom, from the Ladbroke Group PLC. Morgan Grenfell expects to take the Coral group public in three to five years. Meanwhile it plans to make the business more attractive to female customers with improved technology.

United Kingdom, Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, Abstract, Ladbroke Group PLC, Morgan Grenfell Private Equity Ltd., Coral Group

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Eyewear maker Safilo plans initial offering

Article Abstract:

Safilo S.p.A. of Italy is planning an initial public offering to raise $824 million to $1.2 billion by selling 30 to 40 percent of its shares on the Milan stock exchange. The securities float could raise the designer eyewear manufacturer's value by 2.3 billion Euro to 2.5 billion Euro.

Ophthalmic goods, Securities, Eyewear industry, Company Profile, Company securities, Company financing, Safilo

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Lottomatica gambles on IPO in hard market; Italian gaming firm seeks to raise E275 million

Article Abstract:

Italian lottery firm Lottomatica S.p.A. has announced plans for an initial public offering to raise 275 million Euro dollars to support its operations.

All Other Amusement and Recreation Industries, Misc Recreation, Leisure industry, Gambling industry, Recreation, Lottomatica S.p.A.

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