Published On: Mon, Jul 10th, 2017

Fire Breaks Out in London’s Camden Market: 70 Firefighters Tackle Huge Blaze

One day before shares in Market Tech canceled from trading on London’s main market, more than 70 firefighters responded to a fire in Camden markets.

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One day before shares in Market Tech canceled from trading on London’s main market, ten fire engines and more than 70 firefighters responded to a fire in Camden markets. The landlord, Market Tech majority shareholder, is Israeli billionaire Teddy Sagi, the Playtech founder.

The blaze took hold in London’s popular tourist attraction around 2 AM (10 PM ET) Monday morning near the Camden Stables.

An hour later at 3 AM firefighter has been brought the fire under control.

 

Market Tech’s spokesman said the company is working with the emergency services to investigate the cause the fire.

He added: “only a small section of the area will be closed off as a precaution. The rest of Camden Lock Market and the wider area… will be fully open and be operating and welcoming visitors and customers as usual.”

The company is being taken over by the entrepreneur’s LabTech Investments, which is acquiring the shares it does not already own for 188p a share, valuing the business at £884 million.

 

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