Leisure merger

Thursday 11 March 1999 19:02 EST

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ALLIED LEISURE, the ten-pin bowling group, yesterday announced an all-share merger with the snooker halls operator European Leisure in deal that will create a new group worth pounds 68m.

Allied Leisure yesterday reported a rise in profits before tax to pounds 1.6m (pounds 1.5m) in the second half of 1998.

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