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Lego to buy discovery centres from Merlin for £200m

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Lego to buy discovery centres from Merlin for £200m


Lego has announced a £200 million deal to acquire 29 entertainment venues from theme park operator Merlin Entertainments.

The Danish toy giant stated the purchase of the Lego and Legoland branded discovery centres is part of its strategy to expand the brand’s retail presence.

Merlin, which also owns Alton Towers, currently manages these sites, featuring Lego building zones, creative workshops, and retail outlets.

These centres are located across nine countries, including two in the UK (Birmingham and Manchester), with a significant presence in the US, attracting approximately five million visitors annually.

The deal is anticipated to conclude by the end of the year.

It does not include Legoland Resorts, such as Legoland in Windsor, which will continue to be operated by Merlin under licence.

Lego is to buy Lego and Legoland discovery centres from Merlin (Legoland Discovery Centre Manchester) (Legoland Discovery Centre Manchester)

Lego Group chief executive Niels B Christiansen said: “We are excited to welcome the discovery centres to the Lego Group and appreciate all that Merlin Entertainments has done to bring the Lego brand to life through these attractions.

“They will be an important addition to our global network of retail stores and allow us to offer fans of all ages even more memorable hands-on brand and shopping experiences.

“We are looking forward to welcoming the dedicated discovery centre teams who inspire visitors bring to life their imagination and creativity through the power of Lego Play.”

Fiona Eastwood, chief executive of Merlin Entertainments, said: “For 20 years, Merlin has partnered with the Lego Group to bring its beloved brand to life through experiential play, including in the discovery centres.

“It is now a natural next step for the centres to become part of the Lego Group, allowing Merlin to strengthen its focus on driving the growth and success of Legoland Resorts alongside our other attractions worldwide.

“Together with the Lego Group, we look forward to the opportunities ahead as we build on our shared commitment to delivering exceptional experiences for families across the globe.”



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‘They’re playing cute’: Trump ‘inclined’ to keep ExxonMobil out of Venezuela — here’s why – The Times of India

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‘They’re playing cute’: Trump ‘inclined’ to keep ExxonMobil out of Venezuela — here’s why – The Times of India


US President Donald Trump said that he may bar ExxonMobil from operating in Venezuela, criticising the oil giant after its leadership questioned the viability of investing in the country after the capture of former president Nicolas Maduro by US forces. Speaking to reporters aboard Air Force One on Sunday as he departed West Palm Beach, Florida, Trump said he was unhappy with the company’s stance. “I didn’t like Exxon’s response,” he said. “They’re playing too cute.” The remarks came days after Trump met oil executives on Friday in an effort to calm industry concerns about Venezuela. During the meeting, he told companies that any engagement would be handled directly with the United States rather than through the Venezuelan government. However, not all executives were reassured. Darren Woods, chief executive of ExxonMobil, described the current situation in stark terms. “If we look at the commercial constructs and frameworks in place today in Venezuela, today it’s uninvestable,” he said. On the same day, Trump also signed an executive order aimed at protecting Venezuelan oil revenues from being used in judicial proceedings. The order, released publicly on Saturday, warned that allowing such funds to be seized could “undermine critical US efforts to ensure economic and political stability in Venezuela.” The country has long faced state asset seizures, US sanctions and prolonged political uncertainty. Securing investment from US oil companies to help rebuild Venezuela’s infrastructure has become a key objective of the Trump administration following Maduro’s capture. The White House has presented the approach as an economic strategy, with Trump already having seized tankers transporting Venezuelan oil, announced that the US is taking control of the sale of 30 million to 50 million barrels of previously sanctioned crude, and stated plans to oversee those sales globally on an indefinite basis.



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39% of adults want to see ultra-processed foods banned – survey

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39% of adults want to see ultra-processed foods banned – survey



Two thirds of UK adults believe the next generation will suffer poorer health due to ultra-processed foods (UPFs) and 39% would like to see them banned, a survey suggests.

Some 59% of adults believe UPFs are “impossible to avoid” when shopping on a budget, the study for retailer Lakeland found.

Two thirds (66%) are worried about their effects on public health and 68% believe the Government should do more to protect people from them.

Two thirds (66%) also think supermarkets should take more responsibility for the UPFs they sell, and 77% want clear warning labels on food containing ultra-processed ingredients.

Three quarters (74%) say children should be taught at school about the dangers of UPFs and the importance of home cooking.

The survey found a quarter of adults (24%) do not know how to recognise the presence of UPFs in food products.

It found 31% have been cooking from scratch more in the last year, with 35% more in the last two years, and 44% in the last five years.

A fifth (19%) are cooking from scratch more regularly to avoid UPFs, while 25% are cooking from scratch more to save money and 26% for other health benefits.

However 44% say they do not have time to cook from scratch, 16% believe it is too complicated and 19% they think it would cost too much.

Wendy Miranda, customer brand ambassador at Lakeland, said: “There are clear benefits to cooking from scratch and knowing exactly what is going into the food we eat.

“We encourage our customers to think of the benefits, from nutrition to mindfulness to improving overall energy levels and simply feeling a sense of personal achievement with each cooking creation.”

The survey follows global experts warning that UPFs are a leading cause of the “chronic disease pandemic” linked to diet, with food firms putting profit above all else.

Writing in The Lancet medical journal in November, 43 scientists and researchers joined forces to argue that UPFs are “displacing” fresh foods and meals, worsening diet quality, and are linked to multiple chronic diseases.

Philip Toscano, including an increased risk of obesity, heart disease, cancer and early death.

Examples of UPFs include ice cream, processed meats, crisps, mass-produced bread, some breakfast cereals, biscuits, many ready meals and fizzy drinks.

UPFs often contain high levels of saturated fat, salt, sugar and additives, which experts say leaves less room in people’s diets for more nutritious foods.

UPFs also tend to include additives and ingredients that are not used when people cook from scratch, such as preservatives, emulsifiers and artificial colours and flavours.

The dietary share of UPFs remains below 25% in countries such as Italy, Cyprus, Greece, Portugal and across Asia, but it is 50% in the US and UK, the research said.

Mortar Research surveyed 2,000 UK adults in January.



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Adani to invest 1.5L cr in Kutch – The Times of India

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Adani to invest 1.5L cr in Kutch – The Times of India







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