Friday 29 March 2024 | sports-kit.net: The search engine for sports buyers

20 Dec 2011

Takeover bid by Merlin for LLA

Supplier: Merlin Entertainments Group Ltd

More Merlin Entertainments Group Ltd details
Merlin Entertainments Group (Merlin) has made a recommended takeover offer via its subsidiary Merlin Entertainments (Australia) Pty for Melbourne-based Living and Leisure Australia Group (LLA).

If accepted, the offer would accelerate the development of Merlin's operations in Asia Pacific and mark a continuation of the company's international expansion strategy.

The offer of 5.14 cents cash per LLA stapled security values LLA at around A$140m (£90m) on an equity value basis, and implies an enterprise value for LLA of approximately A$244m (£157m). LLA directors have unanimously recommended that shareholders accept the offer.

Living and Leisure Australia Group, through its subsidiaries, operates ski lifts, ski school, ski hire, retail, and accommodation facilities at Mt. Hotham and Falls Creek Alpine Resorts in Victoria, plus the Mt. Hotham airport.

It is also involved in the operation of aquariums in Melbourne and Mooloolaba, Australia; Bangkok, Thailand; Busan, Korea; and Shanghai, China.

In addition, the company manages Dubai Aquarium and Underwater Zoo in the United Arab Emirates; and operates two 600m elevated tree top adventures tourist attractions, as well as associated food and beverage/retail facilities located in the Otway Ranges in Victoria and Illawarra Southern Highlands in New South Wales, Australia.

Image: Dubai Aquarium and Underwater Zoo

Supplier: Merlin Entertainments Group Ltd
Poole Dorset UK
Merlin Entertainments Group is the leading name in location based, quality family entertainment.
Web: www.merlinentertainments.biz

Click here to visit Merlin Entertainments Group Ltd's leisure-kit listing


Connect with
sports-kit.net
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

Find the right products and services for your company
News search
 
Advertise your products
on the leisure-kit Product Report
And reach over 57,000 leisure buyers

Call
+44 (0)1462 431385
 
SM insight

Relief Measures

Industry leaders call on government to provide support for the sector
View feature>>
Catalogue gallery
 
Company profile
 
TANITA

TANITA is the founder of Bioelectrical Impedance Analysis (BIA) being the first to bring a body fat analyser to the market.
View full profile>>
 

To advertise your product and reach over 57,000 leisure buyers call
+44 (0)1462 431385 or email [email protected]
Sport jobs
Powered by
leisureopportunities.com
Contract Customer Services Manager
Salary: £27,500 - £28,500pa
Location:Horfield, Bristol, UK
Company: Everyone Active
More>>
Swim Teacher
Salary: Competitive
Location:Basildon
Company: Everyone Active
More>>
Recreation Assistant/Lifeguard (NPLQ required)
Salary: 9.50 ph
Location:Basildon
Company: Everyone Active
More>>
Team Leader
Salary: Competitive salary, excellent benefits
Location:Basildon
Company: Everyone Active
More>>
 
Sport news
Powered by
leisureopportunities.com
13 Mar 2024
Jen Holland takes over leadership of one of the UK's largest trusts, Edinburgh Leisure

Edinburgh Leisure has appointed Jen Holland as chief executive. She will take over from June Peebles on 18 March.
More>>
13 Mar 2024
Everyone Active snaps up North Herts contracts. Takes over from SLL

North Herts District Council has entered into a ten-year partnership with Everyone Active to run five of its leisure centres from 1 April.
More>>
 
Diary dates
Powered by
leisurediary.com
11-14 Apr 2024
FIBO Global Fitness

Exhibition Centre Cologne
Germany
More>>
22-24 Apr 2024
UK Aufguss Championships

Galgorm Resort York

More>>
10-12 May 2024
Asia Pool & Spa Expo

China Import & Export Fair Complex Guangzhou
China
More>>
 
Property & tenders
Powered by
leisureproperty.com
30 acres at Clays Lane, Debden Green, Loughton
Location: Loughton, IG10
Company:Knight Frank
More>>
Tender: retail units at The Engine Yard, Belvoir Castle
Location: Grantham, Leicestershire
Company:Belvoir Castle
More>>
To Let – Potterne Park Sports Ground
Location: Verwood, Dorset
Company:AVISON YOUNG
More>>

 
To advertise your product and
reach over 57,000 leisure buyers
call
+44 (0)1462 431385

Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd