RLPC-UPDATE 1-UK lottery firm Camelot up for sale -bankers
* Camelot's five shareholders put company up for sale
* Bids due in around two weeks
* Sale could fetch more than 500 mln pounds
(Adds advisers, purchase price and debt financing, background and context)
By Tessa Walsh and Zaida Espana
LONDON, Nov 6 (Reuters) - Camelot's five shareholders have asked for offers in around two weeks to buy the British national lottery operator in a sale that could fetch more than 500 million pounds ($830 million), two bankers said on Friday.
Camelot has been reviewing its options since earlier this year when some of its shareholders -- Cadbury Plc (CBRY.L: Quote, Profile, Research), Royal Mail Enterprises, De La Rue (DLAR.L: Quote, Profile, Research), Fujitsu Services (6702.T: Quote, Profile, Research) and Thales Electronics (TCFP.PA: Quote, Profile, Research) -- indicated interest in selling.
"The whole company is up for sale," a banker close to the deal said.
Camelot declined to comment. Continued...
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