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mark occomore
Joined: 07 Dec 2006 Posts: 9955 Location: UK
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Posted: Fri Mar 26, 2010 10:41 am Post subject: National Lottery Sold To Canadian Teachers Pension |
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National Lottery operator Camelot has been sold to a Canadian teachers' pension fund for £389m.
The company, currently owned by a consortium that includes Cadbury, has been running the UK's National Lottery since it began in 1994.
The sale will be looked at by the regulator, the National Lottery Commission.
One of the factors in its decision will be whether or not the national interest will be served by the sale.
Camelot's proposed buyer, the Ontario Teachers' Pension Plan - known simply as Teachers' - runs the pension fund for more than a quarter of a million Canadian teachers.
http://news.bbc.co.uk/1/hi/business/8588321.stm |
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SantaFefan
Joined: 07 Dec 2006 Posts: 11258 Location: top of the cliffs in Norfolk
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Posted: Fri Mar 26, 2010 10:44 am Post subject: |
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Makes no difference to me as I don't participate.. but, wasn't it a requirement of it's licence back then that it had to British owned? _________________ Johnnie Walker read out my message on Pirate Radio! 13/8/07
I have heard how radio should be. |
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