Arctic-backed Living & Leisure receives $244m takeover bid
Living & Leisure Australia Group (LLA), the tourist attractions operator part-owned by Arctic Capital, has received a A$244 million ($244 million) takeover bid from private equity-backed Merlin Entertainments.
The board of LLA, which owns attractions such as the Melbourne Aquarium and the Hotham and Falls Creek ski resorts in Victoria, Australia, has accepted the offer of A$0.0514 per stapled security. This...
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