Articles About Dermot Desmond

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Coral Merger Approved by Ladbrokes Shareholders

Coral Merger Approved by Ladbrokes Shareholders

Katrina P. November 25, 2015 15:56:57

Over 90% of Ladbrokers shareholders have voted in favour of a company merger with fellow UK-based bookmaker Gala Coral. In big UK gambling news, a merger between popular British bookmakers Ladbrokes and Gala Coral has received the approval of the vast majority of Ladbrokes shareholders. The companies had first announced their proposed merger last July. […]

Shareholder Says Proposed Ladbrokes-Coral Merger a Bad Deal

Shareholder Says Proposed Ladbrokes-Coral Merger a Bad Deal

Katrina P. November 19, 2015 12:19:44

Irish billionaire and Ladbrokes shareholder Dermot Desmond is accusing the Ladbrokes-Coral merger of being a bad deal. In UK gambling news, Desmond is attacking the top management of Ladbrokes over the proposed Ladbrokes-Coral merger deal. Desmond—who sold his betting exchange Betdaq to Ladbrokes for £30 million in 2013 and who has been a company shareholder […]