Tag Archives: M&G Investments

Gala Coral denies OpCapita retail bid

Gala Coral management has moved to dismiss reports that it has held acquisition talks with international private equity firm OpCapita, over the sale of its Gala retail business unit. Last week UK business news sources reports that OpCapita had submitted an undisclosed bid for Gala Retail gambling division, a business unit that Gala Coral has considered selling in the past. …

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Gala Coral sells 47 UK bingo clubs to M&G Investments

Gala Coral has sold 47 of its UK bingo properties to Investment and equity management firm M&G Investments in a deal valued at £173 million. The deal will see M&G takeover 40% of Gala Corals 127 UK bingo sites, with 36 of the clubs being freehold properties. The acquired property portfolio from Gala Coral will further see M&G gain 12 …

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