Ladbrokes Tackles Debt

Summary


LADBROKES is raising money to pay down debts and the bankers are cashing in as usual but chief executive Chris Bell reckons he managed to push the fees down.

The bookie is asking investors to stump up Pounds 287 million, of which Pounds 12 million will go to UBS, Deutsche Bank, Greenhill and others.

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Extract


Ladbrokes Tackles Debt

Amid growing irritation from corporations ...

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