Deal Snapshot: Uk Praesepe Closes Beacon Entertainments Acquisition

M & A Navigator › August 02, 2010

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MANAVIGATOR-August 2, 2010-Deal snapshot: UK PRAESEPE CLOSES BEACON ENTERTAINMENTS ACQUISITION (C)2010 M2 COMMUNICATIONS http:// www.m2.com

UK investment holding company Praesepe (LON:PRA) has wrapped up the purchase of bingo hall operator Beacon Entertainments in a GBP5m (USD7.68m/EUR5.7m) deal under a strategy to create a diversified gaming firm via acquisitions and consolidation.

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Deal Snapshot: Uk Praesepe Closes Beacon Entertainments Acquisition

Country: UK;...

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