Merlin Entertainments, the UK based company that operates the Legoland theme parks may be going public in June according to a story in the Times Online.
Merlin, which is controlled by Blackstone, the American private equity group, had hoped to list its shares just before Easter. Asked whether it might push the button before the third quarter, Mr Varney replied: “It’s all dependent on how the market goes. . . “An IPO [initial public offering] remains a very strong option for us, though we won’t go at any price because we don’t need to refinance until 2012.”
[Link: Times Online]
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