British entertainments group Merlin to float in London - Reuters
Private-equity backed Merlin Entertainments plans to sell at least 20 percent of its shares in an initial public offering in London, writes Reuters. Merlin, the owner of Madame Tussauds and Legoland, said it would raise 200 million pounds ($323.8 million) from the sale of new shares to reduce debt. Its owners, the Danish investment company Kirkbi that controls Lego Group and private equity firms Blackstone Group and CVC, will also sell some of their holding.
21 October 2013•1 min read
