NLG 0.00% 0.4¢ national leisure & gaming limited

get um whilst they're hot

  1. 492 Posts.
    This takeover almost seem inevitable now, previous suggestions are they will go for about 6 cents, expect an annoncement soon.(IMHO)

    Nov 23, 2009 (The Australian Financial Review - ABIX via COMTEX) -- NLGLF | Quote | Chart | News | PowerRating -- National Australia Bank could lose if Tabcorp buys struggling pub operator, National Leisure & Gaming (NLG). NLG owes the bank about $A180 million. Tabcorp had been in negotiations about the sale for several months but wants the bank to write off at least $A50 of the debt. Tabcorp aims to move into the pub sector to compensate for the loss of its Victorian poker machine licence.

    If they do get taken over then we have a whole new ball game with regards to the future of thses shares.

 
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Currently unlisted public company.

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