Merlin Entertainments agrees to £6bn acquisition by Lego Agi Economia / Blooloop
31236 dated 29.06.2019
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Agi Economia / Blooloop
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Merlin Entertainments has agreed to be acquired for £6bn ($7.6bn) by Berkeley Bidco Limited, a new company jointly owned by Kirkbi and Blackstone Core Equity Partners.

Kirkbi is the investment vehicle of Lego’s Kirk Kristiansen family, Blackstone Group is a private equity firm, and CPPIB, a co-investor, is a Canadian pension fund.

Kirkbi will own 50% of Merlin, while 50% will be owned by Blackstone and CPPIB. The deal values Merlin shares at 455 pence each, giving the company an enterprise value of £5,905 billion pounds. Merlin shares closed at 395 pence on Thursday (June 27). “Merlin is a global leader in location based, family entertainment, with a unique portfolio of brands and attractions spanning 25 countries and four continents, and with a proven strategy that has delivered over many years,” said Sir John Sunderland, Chairman of Merlin.