Posts tagged: William Hill

888 Holdings said to have beaten Apollo for William Hill, reports The Times

Tuesday, 7 September 2021, 10:38 am

Dominic Walsh, the country's leading leisure reporter who works for The Times, is reporting William Hill's betting shops are set to be sold to 888 Holdings for about £2 billion by Caesars. Below is his tweet:

EXCLUSIVE: 888 Holdings wins William Hill auction with £2 billion-plus bid, beating Apollo to the line. Story to follow on @TimesBusiness shortly..


William Hill, the hedge fund and the sale to Caesars...

Thursday, 18 March 2021, 7:41 am

Heavyweight American hedge fund HBK appears to have thrown a spanner in the works of William Hill's sale to Caesars.

This morning the London-listed company has said HBK has said it plans to contest the Scheme of Arrangement to sell the business to the American casino giant for £2.9 billion. Below is the link to the announcement...


Deals, deals, a bear market - Part 5

Monday, 19 October 2020, 8:34 pm

It's pretty gloomy out there given the current state of affairs but hasn't put a dampener on dealmaking.

Today in the US ConocoPhillips announced a $9.7 billion for shale explorer and producer Concho Resources while chip maker Intel Corporation is in talks to sell its memory-chip unit to South Korea’s SK Hynix Inc. for roughly $10 billion. That's two $10 billion deals in a day...


Fred Done said to have hired Lazard to work on £2.9 billion William Hill counterbid, reports The Sunday Telegraph - Part 2

Monday, 5 October 2020, 12:15 pm

Well, it didn't take long for The Sunday Telegraph's splash story about Fred Done's £2.9 billion counterbid to be quashed.

Rival papers, such as City AM and The Times, are quoting spokespeaople or "people close to the situation" as saying the bookie has no interest in mounting a bid for the whole company. Below are the link:..


Fred Done said to have hired Lazard to work on a £2.9 billion William Hill counter offer, reports The Sunday Telegraph

Sunday, 4 October 2020, 12:56 pm

There are plenty of interesting stories in the British Sunday newspaper sections today, including Neil Craven's piece on the billionaire Issa brothers and their purchase of retail stalwart Asda. Below is the link to Neil's jackanory, which seems to be getting plenty of air time on Twitter this morning:..


Betaville Intelligence

RARE ALERT: William Hill said to ... - part 2

Friday, 15 September 2017, 9:04 am

Hat tip to Dom Walsh over at The Times for managing to needle out a genuinly interesting "new" line out of Kenny Alexander, the boss of acquisitive gaming group GVC, about potential merger talks with rivals after the regulatory review of sector.

In today's City people column in the The Times Dom reveals that, other than Ladbrokes Coral, GVC also has an interest in a potential combination with William Hill. Here is the link:..


Betaville Intelligence

Sportingbet owner GVC said to be gearing up for its next major takeover deal; spokesperson denies interest in £5 billion Playtech merger

Tuesday, 28 February 2017, 3:45 pm

Sportingbet owner GVC Holdings is said to be gearing up for its next major takeover deal.

According to sources familiar with the matter, investment banks - such as JP Morgan - are said to have put in place a big debt financing package for GVC to use as funds for major M&A tansaction...