Lego repurchase of Legoland Parks continues trend of de-listing
Lego’s parent company has bought back the entertainments company it sold to Merlin Entertainment in 2005 for £4.8bn with a consortium of private equity and institutional investors.
Lego’s parent company, Kirkbi, which is controlled by the third-generation of the Kirk Kristiansen family, already owned a 30% stake in Legoland Parks after selling 70% of the business for about £250 million in July 2005 to repay mounting debts.