Allied Leisure becomes biggest bowler

Article Abstract:

Allied Leisure has become the leading firm in the UK bowling market thanks to its 19.5 million pounds sterling purchase of the GX Superbowl chain from Granada. Allied Leisure will now start to rebrand the new sites to fit in with its Megabowl sites. Allied Leisure MD Neil Goulden says that the firm's aim is to develop 'leisure supermarkets'.

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Stakes raised in takeover: Allied Leisure and Waterfall Holdings are still fighting over European Leisure

Article Abstract:

The continued fight between Allied Leisure and Waterfall Holdings for European Leisure should be settled on Jun 9, 1999, when shareholders will have the final say. A merger between Allied and European would be based on bowling clubs and cue clubs, with the merged group set to withdraw from bars and discos.

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Cannons swallows Pinnacle Leisure

Article Abstract:

Pinnacle Leisure has been acquired by Cannons for 63 million pounds sterling. The merger brings Cannon's clubs portfolio to 32 and makes it Europe's largest health and fitness concern. Pinnacle's head office will be closed and cost savings of 1.5 million pounds sterling are forecast in the first year.

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