Saturday, November 28, 2020

Tag: Dermot Desmond

Desmond loses appeal over Ladbrokes Gala Coral merger

Dermot Desmond
The appeal board of the UK Takeover Panel has ruled against Dermot Desmond’s request for a shareholder revote in a row over the Ladbrokes’ merger with Gala Coral.   Dermot Desmond, a prominent shareholder in Ladbrokes, has failed in his appeal against the company’s planned merger with Gala Coral. Desmond, who owns 2.72 percent of the bookmaker’s shares, had voiced his displeasure...

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