The Rank Group Plc (“Rank” or the “Company”) Proposed acquisition of Gala Casinos Limited (“Gala Casinos”)
Rank (LON:RNK) announces that it has conditionally agreed to acquire Gala Casinos from Gala Coral Group Limited (“Gala Coral Group”) for a total cash consideration of £205 million (the “Acquisition”). The Acquisition includes 23 casinos in Great Britain and three non-operating licences. Gala Coral Group’s casinos in Dundee and Gibraltar, its non-operating licence for the …
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