sentences:  On 8 November 2013 Merlin floated 30% of the company on the London Stock Exchange valuing the private equity-backed company at almost £3.4bn.In June 2019 the company's board agreed to recommend a takeover offer of £4.8 billion from Kirkbi, CPP Investment Board and The Blackstone Group.The takeover was approved by the high court in November 2019.