Virgin Active chief executive Matthew Bucknall is mulling a potential bid for health clubs rival David Lloyd in about a year.
He said David Lloyd, which has 90 clubs in the UK and Europe, would be “the natural purchase” but it was a question of waiting for the right time – in about a year after it has finished integrating Esporta. Virgin Active plans a float to fund overseas expansion. It is spending about £50m over two years converting 53 UK clubs along the lines of its box-shaped venue on a vast retail park in Northampton.
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