Tussauds Seeks to Own the Eye ; Leisure Giant Wants to Take Over London Landmark, and It Plans to Build Casinos Next to Theme Parks, Financial Mail

Summary

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LEISURE giant Tussauds Group has unveiled ambitions to take full control of the London Eye, the tourist attraction opposite Parliament that pulls in 3.7 million visitors a year. And it plans to break into the casino market.

The company, which owns Madame Tussauds waxworks and the Alton Towers theme park, already holds a one-third stake in the Eye, which is desperately in need of refinancing due to hefty debt repayments.

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Tussauds Seeks to Own the Eye ; Leisure Giant Wants to Take Over London Landmark, and It Plans to Build Casinos Next to Theme Parks, Financial Mail

British Airways, which also has 33 per cent of the Eye, is thought to be keen to quit the business. Japanese ban...

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