Allied Leisure and Duke Street Capital have confirmed they are preparing a joint bid for First Leisure’s family entertainment business.
A successful outcome would see the merger of Allied’s 29 bowling clubs with First Leisure’s 26 in what would become the UK’s largest bowling clubs group. First Leisure’s Snowdome indoor ski slope in Tamworth would also be included in the estimated £80m deal.
Allied reiterated that it was still also committed to its recommended merger with European Leisure.
Financial Times 18/05/99 page 28
The Guardian 18/05/99 page 21
