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Rank retains listing as Guoco offer closes
By Pete Hayman
Rank Group - operator of Mecca Bingo and G Casino - has announced that it will retain its listing on the London Stock Exchange after Guoco Group's offer for the business closed.
The long-running takeover has now come to its conclusion, with Rank Group revealing that Hong Kong-based Guoco Group's bid had been accepted by 74.5 per cent of investors. A Guoco Group spokesperson said: "Guoco has consistently made clear its intention that Rank should continue to be a listed company following the offer and has always maintained that Rank is well-positioned for future growth.
"Guoco is pleased that so many of Rank's shareholders have continued to support the company and looks forward to continuing to work with Rank and its executive management team to build on Rank's success to date."
Rank Group - operator of Mecca Bingo and G Casino - has announced that it will retain its listing on the London Stock Exchange after Guoco Group's offer for the business closed.
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