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Consortium to buy Madame Tussauds and London Eye

LONDON: A consortium including Lego owner Kirkbi agreed today to buy Britain’s Merlin Entertainments, owner of popular tourist attractions Madame Tussauds and the London Eye, for £5.0 billion.
Kirkbi, which is the majority owner in Danish toy maker Lego, said in a statement that it has agreed to buy Merlin in a consortium with US private equity group Blackstone and Canadian pension fund CPPIB for the equivalent of $6.3 billion, 5.6 billion euros, or £5.9 billion including debt.

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Sana Mehmood

Sana Mahmood studied Business and Finance from Karachi and writes on a number of subjects particularly activities in Bourse etc.