A number of parties in for Ladbrokes Coral shops as Gala Coral reports increases for Q3

Gala Coral remains on track to complete its merger with Ladbrokes in the autumn and a number of parties have expressed an interest in buying 350-400 shops from the merged entity in order to do so. That announcement was made by Gala Coral in its financial report for the 12 weeks ended 2 July (Q3), where group net revenue increased 10% year-on-year to £264m and EBITDA went up 13% to £57.7m, while gross profit ascended 11% to £184.6m. For Coral r...