Three private equity clients in £1.3bn battle for Gala leisure group a Government relaxes gambling laws
January 29, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC), Ashurst Morris Crisp and Linklaters are engaged in a bidding war on behalf of three top private equity houses in the race to acquire UK bingo and casino operator Gala.
Ashursts is understood to be advising two established private equity clients, Candover and Cinven, in their joint bid, reportedly valued at more than £1.2bn, to acquire the bingo chain.
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