GLOBAL MARKETS: Legoland a go-go
Merlin Entertainments is to be acquired in a £6bn deal by the Danish billionaire family that controls toymaker Lego, Blackstone and a Canadian pension fund
04 July 2019 - 05:00
Leisure group Merlin Entertainments, best known for Legoland Resorts and Madame Tussauds wax museum, is to be acquired in a £6bn deal by the Danish billionaire family that controls toymaker Lego, private equity group Blackstone and a Canadian pension fund. The deal comes a month after US activist hedge fund ValueAct said the market was undervaluing Merlin and that it should look for a buyer.
The Financial Times..
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