Les Mills International
Les Mills International
Les Mills International

Singapore's GIC doubles stake in Merlin Entertainments

Singapore sovereign wealth fund GIC Private has nearly doubled its stake in Merlin Entertainments to about 5.2 per cent.

According to Merlin representatives, GIC has raised its holding to about 52.6 million shares from about 27.6 million.

Private equity firms CVC and Blackstone launched the sale of their remaining 156.5 million shares in Merlin Entertainments last week.

Following the purchased, GIC’s stake in Merlin – the second largest visitor attractions operator behind Walt Disney – is worth in total around £220m (US$100m, €93.6m)

In the wake of the purchase, shares of Merlin closed up 2.8 percent at 426.5 pence on the London Stock Exchange. That value is currently sitting at 420 pence a share. According to market price, Merlin as a whole is valued at around £4.28bn (US$6.45bn, €6bn).

Last week, Merlin posted strong end of year results, recording a compounded annual growth rate from 2010 to 2014 of 12.6 per cent and welcoming 62 million visitors across its portfolio of 105 attractions. This was attributed to positive growth from existing attractions along with the continued rollout of its various brands, in particularly its Lego theme parks.

Related stories
03 Mar 2015

CVC and Blackstone launch US$1bn sale of Merlin shares

02 Mar 2015

20 Legoland developments in the pipeline, says Merlin

26 Feb 2015

Merlin posts strong end of year results after successful 2014

12 Feb 2015

Legoland Discovery Center coming to Arizona in 2016

01 Dec 2014

Merlin reveals plans to launch Legoland in South Korea

Singapore sovereign wealth fund GIC Private has nearly doubled its stake in Merlin Entertainments to about 5.2 per cent. According to Merlin representatives, GIC has raised its holding to about 52.6 million shares from about 27.6 million. Private equity firms CVC and Blackstone launched the sale of their remaining 156.5 million shares in Merlin Entertainments last week. Following the purchased, GIC’s stake in Merlin – the second largest visitor attractions
TAW,VAT
Merlin operates more than 100 visitor attractions, including Alton Towers / Merlin Entertainments
More news
News stories: 1 - 30 of 7628     
 
 
 
News stories: 1 - 30 of 7628     
 
 
 
company profile
Company profile: Fabio Alemanno Design Ltd
Based on ancient knowledge – and confirmed by scientific research – warmth is one of the most important sources of healing and preventative therapy available.
videos
BluGalaxy a Division of Blu Spas
Blu Spas
This animation showcases the beautiful concept design of BluGalaxy Spa.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
Slender white columns follow the lines of the columns on the museums that surround it
Alexander Schwarz
"Our aim was to create a place celebrating public space and accessibility"

The opening of the James-Simon- Galerie on Berlin’s Museum Island completes two decades of work for David Chipperfield Architects. The lead designer talks us through the building

The Electric Lemon restaurant features glamorous interiors by Rockwell Group
"Further hotels have been confirmed for Los Angeles, Santa Clara, CA, Seattle, Chicago and Houston"

Rockwell Group and Joyce Wang on the inspirations behind the guest rooms, public spaces, spa and gym at Equinox Hotel Hudson Yards

Marianne Shillingford
"The technology involved in paint is extraordinary"

Used cleverly, colour has the power to influence how people use the spaces they inhabit, says the creative director of Dulux

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
The hotel has just two floors above ground; the other 16 floors are below
Martin Jochman founded JADE+QA in 2013. He formerly worked for Atkins
"We didn’t want to put in any gimmicks. We wanted to create a building that’s inherently sustainable through passive sustainability"

When Martin Jochman set out to transform an old quarry into a luxury hotel, he faced some serious challenges

Interview: Elizabeth de Portzamparc
Elizabeth de Portzamparc
"We need to stop the destruction of our world through predatory practices. We need to think of the future"

The architect behind Nimes’ Musée de la Romanité on designing to counter loneliness and the need for more cultural buildings

The Macallan Distillery has been shortlisted for the RIBA Stirling Prize
Stephen Barrett (left) 
and John McElgunn (right) were both made partners at RSHP in 2016
"Leisure space – public space – is at the very root of democracy, and architecture is about democracy"

As RSHP completes its latest cultural project, we speak to two of its partners about why Richard Rogers isn’t leaving his succession to chance

The waste-to-energy plant has a ski slope, hiking trails, an 85m climbing wall, restaurant and apres ski bar
"It was born from the sheer anxiety of having to submit something brilliant in a very short timescale"

How a moment of desperation led to BIG’s CopenHill, the clean power plant that’s doubling as a skiing and leisure destination. Magali Robathan speaks to the architects that made it happen

The Canova Suite, one of the hotel’s top suites, features an outdoor terrace with views across the city
Olga Polizzi is director of design for Rocco Forte Hotels and also owns two of her own hotels
"On Via Sistina, everything breathes history. At the same time I wanted to reflect the modern hunger for the fantastical - Tommaso Ziffer"

Following the highly anticipated launch of Rome’s Hotel de la Ville, Rocco Forte’s director of design reflects on a fascinating project

cladkit product news
Cosm unveils Experience Centre with ‘one of a kind’ LED dome
The new Experience Centre houses a 20m LED dome
Magali Robathan
Cosm, a global technology company that builds end-to-end solutions for immersive experiences, has unveiled its Experience Centre which houses a ...
Fabio Alemanno Design uses elegant semi-precious stones to create memorable spa experiences
Alemanno believes the stones are well-placed in the spa environment thanks to their capacity to positively support physical and mental health
Megan Whitby
Fabio Alemanno Design has expanded its collection with semi-precious stones to enhance spas, wellness facilities, hotels and private residences. The ...
ASPA International launches handheld UV-C light disinfection lamp
The compact plug-in product can be used easily in a commercial spa or domestic setting to disinfect surfaces with UV-C light
Megan Whitby
For over 30 years, ASPA International has designed and built high-quality spas for the hotel, health and wellness sectors. During ...
cladkit product news
Christie laser projectors power new Five Senses Bubble dome theatre
The dome aims to integrate technology with arts and culture
Magali Robathan
Christie® GS Series 1DLP® laser projectors are delivering vivid and lifelike visuals in a new dome theatre located in Xiong’an ...
Siminetti unveils first glimpses of Mother of Pearl decorative surfaces inspired by the four seasons
The new winter design is finished with naturally occurring hexagonal patterns found in snowflakes
Megan Whitby
Siminetti has collaborated with British designer Chrisanna London to create a luxury Mother of Pearl decorative surface range inspired by ...
LianTronics’ glasses-free 3D Star Trek LED screen attracts attention
Magali Robathan
LianTronics’ giant curved LED wall with stunning glasses-less 3D spaceship display effect has attracted many on the street of Chengdu, ...
cladkit product news
Diamond balloon concept merges tourist attraction with advertising billboard
Magali Robathan
A group of Dutch engineers have presented a new attractions concept that combines a flying observation cabin with LED digital ...
Móz Designs columns anchor the world’s largest indoor aquarium
The design of the columns was inspired by the sea
Magali Robathan
After a two-year renovation, Oakland-based metal experts Móz Designs have unveiled their inclusion in Georgia Aquarium’s new shark gallery. Located ...
Atelier Alain Ellouz launches handcrafted precious stone lighting collection
LYRA has a sleek, cylindrical design complete with an elegant brass dimming switch
Megan Whitby
LYRA, GAMA, MONA and ATHENA are the first pieces from designer Atelier Alain Ellouz’s new.édition collection of handcrafted stone lighting ...
x
Sign up with CLAD for regular news updates
Les Mills International
Les Mills International