More sites: A child peeps into a tunnel underneath the Forbidden City and Tiananmen Square models at Legoland Discovery Centre in Beijing. Merlin plans another Legoland in South Korea and is looking for sites in China, where it would like to run three by 2030. — AP
AN investor group including the family behind the Lego empire has agreed to buy Merlin Entertainments Plc, the operator of Madame Tussauds wax museums, for about £4.8bil (US$6.1bil).
Merlin investors would receive 455 pence per share, a premium of 15% over the closing price on Thursday. The deal, which continues a run of major private equity investments in Europe, is also backed by Blackstone Group LP and Canadian pension fund CPPIB.
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