LONDON Oct 21 Private-equity backed Merlin
Entertainments said on Monday it planned to sell at least 20
percent of its shares in an initial public offering in London.
Merlin, the owner of Madame Tussauds and Legoland, said it
would raise 200 million pounds ($323.8 million) from the sale of
new shares to reduce debt.
Its owners, the Danish investment company Kirkbi A/S that
controls Lego Group and private equity firms Blackstone Group
and CVC, will also sell some of their holding, the
Merlin, the world's second largest visitor attraction
operator behind Walt Disney, said the sale would include
an offering to individual retail investors as well as