December 23, 2010
Ladbrokes may acquire 888 group
Ladbrokes, one of the UK’s leading online gambling firm is looking to buy out Gibraltar based online casino group,888.com and the talks are certainly going on between the two firms. Later, the news of take over was confirmed by the Ladbroke’s officer.
Ladbrokes management stated that the deal is still under initial stages and the offer has been made to the concern party. But as said the deal is still in preliminary stages and its not certain that the deal will be closed with acquisition.
The news of acquisition will certainly boost the share prices of Ladbrokes PLC .