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Australian Bank in Bid to Acquire UK Beacon Bingo Parlor Chain

After being approached by several possible buyers, Thomas Holdings is reportedly considering to sell its Bingo Beacon company, one of Britain's leading chains of bingo clubs. It was recently reported that one of the most serious candidates for the bingo company's acquisition is no other than Macquarie, an Australian investment bank that previously tried to buy the London Stock Exchange.

There are, however, other serious candidates for the purchase. Among them is Barclays Private Equity and Hermes Private Equity, which are also trying to acquire Bingo Beacon. The latter is already familiar with the bingo industry, since in April, this company bought Mayfair Bingo, a bingo operator with eight clubs across the UK.

Source: Dot-Bingo News Writer

Monday, 12 June 2006

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