20 May 2016 09:35
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Don't have an account? Click here to register.Ladbrokes CFO Ian Bull to step down in February 2016
Wed, 16th Sep 2015 07:36
(ShareCast News) - Ladbrokes' chief financial officer, Ian Bull, is leaving the company ahead of its merger with Gala Coral.Ladbrokes said Bull, who joined the business as CFO in July 2011, has agreed to stay on until the announcement of the 2015 full-year results scheduled for the end of February.If Ladbrokes' planned merger with the Coral Group completes before this date, it has been agreed that Bull would leave shortly after completion and if the merger completes after this date then the board will put in place appropriate arrangements.Chairman Peter Erskine said: "At the time of announcement of the proposed merger with Coral, we announced that Ian would be stepping down as Ladbrokes CFO and Ian has recently informed the board that he wished to leave Ladbrokes on completion of the annual accounts, in order to pursue other potential opportunities. "In accepting his request we are pleased that Ian has reiterated his commitment to delivering our organic strategy and in leading the current refinancing of the group in preparation for the proposed merger. I am delighted that we will continue to benefit from Ian's energy and experience during this important time."
More News
20 May 2016 08:47
REFILE-Britain's FTSE led higher by Coca-Cola HBC and miners
(Refiles to fix spelling in headline) * FTSE 100 up 1.5 pct * Coco-Cola HBC rises after upgrade * Miners up as metals prices firm * Ladbrokes gains after competition regulator decision By Kit Rees LONDON, May 20 (Reuters) - UK shares rose on Friday, set for the
Read more20 May 2016 07:31
London pre-open: Stocks set to rebound from Fed-fuelled losses
(ShareCast News) - London stocks were expected to open in the black on Friday, bouncing back from the Fed-fuelled losses of the previous session. The FTSE 100 was seen starting 57 points higher than Thursday's close at 6,110. "While US markets did finish the day lower yesterday they did at least ma
Read more20 May 2016 07:12
Market relieved by provisional CMA Ladbrokes-Coral findings
(ShareCast News) - Investors were seemingly pleased with the provisional findings of the Competition and Markets Authority into the merger between bookmakers Ladbrokes and Gala Coral, with a smaller number of outlets needed to be sold than anticipated. Shares in Ladbrokes were surging in morning tra
Read more20 May 2016 06:22
Ladbrokes, Coral need to sell shops to win deal clearance - CMA
LONDON, May 20 (Reuters) - Bookmakers Ladbrokes and Gala Coral will have to sell between 350 and 400 shops to win clearance for their merger, the British competition regulator said on Friday. In the provisional findings of a review of the deal, the Competition and Markets Authority said a t
Read more16 May 2016 06:39
Monday newspaper round-up: Ladbrokes-Coral, BHS, G4S, Sky
(ShareCast News) - The merger between Ladbrokes and Coral could be blocked, analysts have suggested, citing the blocking last week of the proposed merger between O2 and Three by Europe's competition commission on the ground that it would have cut the number of big players from four to three, an argu
Read more15 May 2016 17:01
Sunday newspaper round-up: RBS, Shell, Cobham, BT, banks
(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its
Read more28 Apr 2016 15:00