The deal to buy Merlin Entertainments, which also operates Legoland theme parks around the world, will be one of the biggest private equity deals in Europe in recent years.
Top executives and managing partners of private Dubai–based equity firm Abraaj Capital Ltd have been arrested on US charges for defrauding their investors which included the Bill & Melinda Gates Foundation.
Offer comes hours after Iraq accused the Kurdish Regional Government of delaying handing control of its borders with Turkey, Iran and Syria to Iraq.
Iraqi Prime Minister Haider al Abadi orders a 24-hour suspension to military operations against Kurdish forces in northern Iraq.
Simultaneous legislative and presidential elections in northern Iraq had been due to take place on November 1 but were delayed amid tensions over disputed territory with the central government in Baghdad.
Turkey has not yet moved to take control of Iraq's borders under the control of the KRG. But a senior diplomat warns that it could still be possible.
Campaigning for the two elections will start on October 15, and the elections will be held on November 1.
The private toy retailer had previously said it was working with investment bank Lazard Ltd to help address its approximately $5 billion in debt.
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