London Clubs concludes Aladdin story of woe - 2004-03-05
The Casino operator London Clubs International yesterday disclosed plans to generate £49m amid a debt refinancing, in a motion that draws a line under the Aladdin saga.
The Las Vegas Aladdin casino, in which it had a stake, filed for bankruptcy three years ago. Yesterday's fundraising and refinancing will allow London Clubs to settle all outstanding issues there for £6m.
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