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Tuesday, June 13, 2006

Macquarie Eyes Beacon Bingo Chain

The Australian bank, Macquarie, is currently in talks to purchase the profitable Beacon Bingo chain. The bank is on the short list of buyers for the chain, which should sell for £90m. The bank is extending its portfolio of leisure related businesses in the UK, last year they paid £225m for the Isle of Man Steam Packet Company and attempted to buy the health club chain, Fitness First. Competition comes form Barclays Private Equity and Hermes Private Equity. Read More...

Posted at 9:06 AM |

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