Apollo, Cerberus Sell Down 2.6 Percent In Ladbrokes Coral

11/2/17

Funds of private equity companies Apollo and Cerberus are selling down approximately 2.6 percent in London-listed gambling company Ladbrokes Coral, the transaction’s bookrunner said on Wednesday.

The bookrunner said the books were covered and would close at 1800 GMT.

After the deal is completed, Apollo Credit is expected to no longer be a shareholder in Ladbrokes Coral, while Cerberus Capital Management is expected to hold about 1.8 percent.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.

Baltimore Business Spotlight

Feature Your Business Here

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect