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Gala finalises bingo business sale

Bingo and casinos business Gala changed hands yesterday after CSFB Private Equity and PPM Ventures sold their holdings to Candover and Cinven, the private equity groups, in a joint bid worth £1.24bn.

References: Financial Times 08/02/03 page 12, Daily Telegraph 08/02/03 page 31, The Times Business 08/02/03 page 50, The Guardian 08/02/03 page 26

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