William Hill In Acquisition Talks With 888 Holdings

Potential GBP 750 million acquisition deal on the table

888 Holdings has addressed media speculation concerning an interest in the company speculated to be William Hill by confirming it has received an advance from the bookmaker and is in preliminary talks.

The takeover offer is thought to be worth in the region of GBP 750 million equating to 210p per share, however, The Times reports one of 888's Israeli founders, thought to be one of the Shaked family, is negotiating 300p per share.

The Shaked and Ben-Yizhak families combined own the majority of the company at around 60 percent of the shares.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,446
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

See More Posts