Wednesday, September 30, 2020

US casino operator Caesars agrees £2.9bn William Hill takeover

Deal is unanimously recommended by UK bookmaker’s directors

The US casino operator Caesars Entertainment has agreed a £2.9bn takeover of the British bookmaker William Hill.

The companies announced on Wednesday that Caesars would pay £2.72 per William Hill share in cash, a premium of more than a quarter compared with the price before the US company’s interest was first reported last week.

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from Mergers and acquisitions | The Guardian https://ift.tt/2SaNdfB

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