Ladbrokes PLC news

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LAD 133.36 -3.94 (-2.87%)
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Ladbrokes Bets on Internet Business, Fitch Assigns 'Stable' Rating on Outlook
Recently Fitch Ratings revised its long-term outlook for Ladbrokes Plc, Britain's second-biggest bookmaker, to Stable from Negative with long-term IDR (Issuer Default Rating) at 'BB+' and short-term IDR at 'B'.
Franchise in focus
Ladbrokes and Gala Coral have moved one step closer to sealing their �2.3bn merger by offloading 359 betting shops in an attempt to allay competition concerns.
Bunge EMEA CEO Jean-Louis Gourbin To Retire; Tommy Jensen Named Successor
Bunge Ltd. (BG) announced a transition of leadership at Bunge Europe, Middle East and Africa. Jean-Louis Gourbin, Chief Executive Officer, Bunge EMEA, will retire effective May 1, 2012.