Merlin targets £3bn flotation

Press Association
Merlin Entertainment stock plans
Merlin Entertainment stock plans

The company behind attractions including the London Eye, Madame Tussauds and Alton Towers will be valued at between £2.8 billion and £3.3 billion when it joins the stock market next month.

Merlin Entertainments, which operates 99 attractions in 22 countries and had 54 million visitors in 2012, disclosed more details of the float, which will see up to 15% of shares on offer go to retail investors.