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Leisure - 1997
Starwood Lodging Trust, the US hotels group, has bought Turnberry Hotel Golf Courses and Spa in Scotland from Nitto Kogyo for £32m.
First Call, the ticketing agency, has accepted a £7.3m takeover offer from KanDo, a subsidiary of Loyalty Management Holdings.
European Leisure has sold Maygay, the gaming machine manufacturer, back to its original owner for £16.5m.
Thomson has acquired Fritidsresor, the Swedish tour operator, for $425m as part of its strategy to build an international business.
Lonsdale Holdings has acquired Belgo, the London restaurant group, for £9.8m, and will change its name to Belgo Group.
The government has selected Sheffield as the site for the proposed national sports academy, which will create 1,000 permanent jobs.
Bass is selling 1,190 leased pubs and 238 managed pubs to a management buy-in team for £564m, and now has at least £1.5bn to spend on acquisitions.
Bass has sold its Gala bingo chain to a management buy-in for £279m, and the plan is to float the business within five years.
Whitbread Inns is to invest over £1m a week on the expansion of its Hogshead alehouse chain next year, adding another 40 outlets to the current 123.
Vardon has sold its bingo division to a management buy-out for £30m, which will allow it to expand its health and fitness operations.
Avebury Inns, a new company with financial backing from Daiwa Europe, is planning to acquire 147 pubs from Wolverhampton & Dudley Breweries for £16.4m, and hopes to follow this up with the purchase of more pub groups.
MWB Leisure Fund has bought the Bentley Bridge Leisure Park in Wolverhampton for £17.3m, and is now said to be the UK's largest owner of leisure parks.
Crystal Holidays, the holiday operator, has been acquired by a management team backed by BZW Private Equity, in a £150m deal.
Brent Walker is selling the William Hill betting shop chain to Nomura of Japan for £700m, and will now put itself into liquidation as William Hill was its last big asset.
Hambros has acquired Blue Green, the French-based golf course owner, through its HEV venture capital operation for £13.6m.
Airtours is acquiring Sun International, the Belgian package holiday company which owns the Cresta Travel and Bridge Travel brands in the UK, for £70m.
Soccer Investments is to acquire Leicester City football club for £24m, and will change its name to Leicester City.
Nomura, the Japanese investment bank, is acquiring Inntrepreneur Pub Company, the joint venture between Grand Metropolitan and Foster's, and the Spring Inns chain, for £1.2bn.
Virgin Group has bought out most of its joint venture partners to create a new Virgin Entertainment Group, and now plans to develop its music megastores in the US and open 15 new UK cinemas over the next two years.
Capital Corporation has acquired the Cromwell Mint casino in South Kensington for £25m, and will take the business upmarket.
Thomas Cook is to set up a telephone call-centre in Falkirk to take holiday bookings, initially employing 150 staff.
Carlson Companies, the US-based owner of the AT Mays travel agents chain, is to acquire Inspirations, the UK package holiday group, for £42m, and has ambitious plans for further growth and acquisitions in the UK.
Ladbroke is acquiring Colorado Gaming and Entertainment, which runs three casinos in Denver, for £21m, as part of its strategy to build up its US gaming business.
Barr & Wallace Arnold Trust has sold its leisure division, which includes a major coach holiday business, to a management buy-out for £42m.
Allied Domecq is planning a £150m investment in its pub estate, including 50 new Big Steak pubs alongside Wacky Warehouses and 50 Firkin pubs, creating over 2,000 jobs.
Warner Village is to build four multiplex cinemas in Glasgow, Edinburgh, Inverness and Kilmarnock at a cost of £40m, creating 500 jobs.
Barr & Wallace Arnold Trust is selling its leisure division to a management buy-out for £40m.
First Leisure is acquiring Riverside, the chain of three tennis and fitness clubs and two Espree gym clubs in London, for £61m.
Whitbread is planning to set up a further 250 pubs, restaurants, and hotels, in a major expansion for its main chains, creating 5,000 jobs.
Surrey Free Inns is acquiring Richardsons Inns, the owner of pubs and bars around London, for £11m.
Enterprise Inns is acquiring Discovery Inns, the operator of over 200 pubs, for £46m.
Rank Group is planning a £1.5bn expansion of its leisure division over the next five years, including new bingo clubs, bars, nightclubs and Odeon cinemas.
JD Wetherspoon is planning to open 350 new pubs over the next 5 years in a £350m expansion plan which will create 10,000 jobs.
Wiggins Group is acquiring Tomorrows Leisure, the hotels and leisure management concern, for about £15m.
Calvin's Barbecue of the US is planning to set up a chain of 100 fast food outlets across the Midlands, offering chicken, fish and pork, in a move which will create an initial 500 jobs.
Investcorp of Bahrain has acquired the Welcome Break motorway service centre chain from Granada for £473m, and now plans to expand the chain into other service areas and abroad.
Rank Group is to open a £100m Oasis Forest Holiday Village in Cumbria in May, creating up to 900 jobs.
Ladbroke has acquired AR Dennis, the chain of 114 betting shops in the south-east, for £31m.
Morland, the brewer, has acquired 16 pubs from Whitbread for £3.4m and 24 American-style bar diners from Allied Domecq for £32m.