The governance of UK independent bookmaker Betfred has confirmed that it has completed a £195 million refinancing package. The financing comes as Betfred moves to complete its £55.5 million acquisition of 322 retail betting shops from newly merged FTSE enterprise Ladbrokes Coral. The bookmaker’s senior debt package has been supported by a four UK banks – RBS, Barclays, Lloyds and …
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Betfred announces departure of Nightingale as Group Finance Director
Betfred have announced that Group Finance Director Barry Nightingale will step down from his position after seven years’ service. Nightingale will be replaced by Group Financial Controller Nicole Barr. Nightingale joined Betfred in 2008 were he led financial planning for the operator’s multiple business divisions. During his tenure as Group Finance Director, Nightingale led Betfred’s £265 million buyout of the …
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