Tag Archives: ICG

Caledonia sells majority stake in Buzz Bingo to ICG for a nominal amount

Buzz Bingo

FTSE250 Caledonia Investments has disclosed that it has sold its majority stake in Buzz Bingo to asset management fund Intermediate Capital Group (ICG) for a ‘nominal amount’. The London private investment trust has served as Buzz Bingo majority shareholder since 2015 – acquiring the Gala Bingo brand for £240 million ahead of previous owner Gala Coral’s merger with Ladbrokes Plc. …

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