Ladbrokes and Gala Coral confirmed in separate statements late yesterday (Monday) evening that they are in talks over a possible merger. The two parties said that the proposed deal would involve Ladbrokes and Gala Coral-operated Coral Retail, Eurobet Retail and the company’s online businesses. The Financial Times newspaper reported that the talks are not at an advanced stage and there remain issues over the price and the corporate structure of the merged operation, although Ladbrokes chief executive officer Jim Mullen would lead the combined group. Ladbrokes said that the proposed new group would seek a listing on the main market…