Provider: Thomson Reuters Stock Report
Marwyn Management Partners PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Marwyn Management Partners PLC Announces Sale Of Marwyn Gaming Limited
Marwyn Management Partners PLC announced the sale of wholly owned indirect subsidiary Marwyn Gaming Limited (MGL) to Merkur Casino UK Ltd, a wholly owned subsidiary of Casino Merkur Spielothek GmbH . The gross consideration for the sale is GBP76.0 million on a cash free, debt free basis, payable in cash. The sale includes all the gaming divisions within the MMP group, being Praesepe Plc, Restcare Limited, Baleday Limited and Beacon Bingo Limited. MMP intends to use the proceeds from the sale in line with their stated strategy to invest in the European transport and luxury goods sectors which MMP believes will offer attractive returns in the future.
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