GVC, owner of Foxy Bingo, said it was willing to pay at least £3.1bn in cash and shares for Ladbrokes, just a year after the bookmaker completed its merger with Coral.
Ladbrokes Coral and online gambling rival GVC have renewed talks about a takeover which could be valued at £3.9bn – but with the proviso that the deal could be cut by £800m depending on the final result of a government review of controversial fixed-odds betting terminals (FOBTs).
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