LAD

"Ladbrokes, the betting and gambling company which was buoyed by mystery stake-building last week, was less successful yesterday. Investors had been pegging their hopes on a prospective takeover approach, and Apax, the private equity group which has been in the frame to bid for the company before, was touted as the most likely suitor. However yesterday, new reports suggested that the Bahamas-based billionaire Joe Lewis, not Apax, was behind the stake-building. The revelation quashed investor's hopes and the company's stock ended down 0.46 per cent at 326p."

http://www.independent.co.uk/news/business/sharewatch/market-report-fears-of-skeletons-in-the-results-spook-rbs-784433.html