Potential developer of Dubai Legoland embarks on London IPO | The National:
"Merlin Entertainments, the leisure attractions operator that plans to build a Legoland in Dubai, will sell at least 20 per cent of its shares in an initial public offering in London.
The firm yesterday said it would raise £200 million (Dh1.18 billion) from the IPO on the London Stock Exchange and use the funds to pay down its debt.
The owners of Merlin – Kirkbi, a Danish investment company that controls The Lego Group, and the private equity firms Blackstone Group and CVC Capital Partners – will sell a portion of their equity stakes."
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