Tag Archives: Mads Eg Gensmann

William Hill changes investor make-up this March

SBC News William Hill changes investor make-up this March

London hedge fund Parvus Asset Management has reduced its stake in William Hill Plc to 4.9% (42.4 million shares) having previously held a 9.99% interest in the FTSE bookmaker. Completing a share sale this March, Parvus significantly reduces its equity in William Hill becoming the bookmaker’s fifth largest investor. Led by Danish financier Mads Eg Gensmann, Parvus has previously served …

Read More »

Silchester acquires 5% stake in ‘underdog’ William Hill

SBC News Silchester acquires 5% stake in 'underdog' William Hill

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …

Read More »

Parvus pushes for William Hill 2017 sale

SBC News Parvus pushes for William Hill 2017 sale

The Sunday Times has this weekend reported that London hedge fund Parvus Asset Management (Parvus) is lobbying for a 2017 sale of William Hill. Headed up by Danish financier Mads Eg Gensmann, Parvus is currently William Hill’s biggest investor with a 14% shareholding. The Sunday Times reports that Gensmann has been pushing William Hill governance for number months on the …

Read More »

No Deal…Parvus declares “no logic & no value” in William Hill-Amaya merger

SBC News No Deal...Parvus declares "no logic & no value" in William Hill-Amaya merger

London hedge fund Parvus Asset Management (Parvus) has publicly stated that it will not back the merger of William Hill and Amaya Inc, declaring that it sees ‘little strategic logic’ in the £5 billion ‘all-stock merger of equals’. Led by Danish financier Mads Eg Gensmann, Parvus is reported to be William Hill Plc’s largest investor owning approximately 14.3% of company shares. …

Read More »