Ladbrokes owner Entain rejects £8bn MGM takeover approach

Shares in UK group surge after proposal from one of US’s biggest casino operators Entain, the UK gambling group behind Ladbrokes and Coral, has rejected an £8bn takeover proposal from US casino operator MGM Resorts, arguing that it “significantly undervalues” the company. In a statement on Monday, the FTSE 100 company, which also owns sports-betting […]