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Esporta deal should work out for Virgin
SIR Richard Branson's Virgin Active gym chain is near to clinching a deal to buy its smaller rival, Esporta, City sources said.
The pair have been in advanced talks on price, and it is thought a deal could be announced within weeks. A deal would take Virgin Active, in which Branson has a 76 per cent holding, to more than 120 clubs in the UK, compared with about 70 outlets currently.
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Weather for Edinburgh
Friday 25 May 2012
Today
Sunny spells
Temperature: 9 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
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Sunny
Temperature: 9 C to 19 C
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