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Dubai sells stake in Legoland owner
Dubai International Capital sells two-thirds of its stake in theme park operator Merlin Entertainments.
February 15, 2010 9:16 by Ben Flanagan
Dubai International Capital (DIC) has sold two-thirds of its 17 per cent stake in Merlin Entertainments, the theme park operator that owns UK attractions such as Legoland, Alton Towers and the London Eye.
It sold the stake to the Lego founding family, led by Kjeld Kirk Kristiansen, which is a fellow shareholder in Merlin. US private equity group Blackstone also owns 48 per cent stake in Merlin.