William Hill in £4.5bn merger talks

William Hill in £4.5bn merger talks
 

William Hill is in talks to merge with the owner of poker websites Full Tilt and PokerStars in a deal worth about £4.5bn.
The FTSE 250 betting company confirmed it was in discussions with Canada's Amaya about a "potential all-share merger of equals".
The move is the latest example of consolidation in the gaming industry.
It follows 888 Holdings and Rank abandoning a proposed £3bn tie-up with William Hill in August.
William Hill said its board had been examining ways to diversify by expanding its digital and international businesses, while Amaya had also been reviewing its... read more

 
9 October 2016 in Business, Views: 47
Source: BBC
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