Pure ego made #WilliamHill reject #Rank and #888 £3.16bn bid and that will be their downfall. https://t.co/51roD63iI9 — Eyal Shaked (@Eshaked) August 9, 2016 Eyal Shaked, the son of 888 Holdings Co-founder Avi Shaked has taken to Twitter criticising William Hill governance of ‘Pure Ego’ for rejecting the Rank and 888 consortium bid of 364p per share takeover offer (value …
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Rank & 888 consortium make appeal to William Hill investors for direct talks
Following the rejection of its £3.3 billion takeover offer by the William Hill board, on the grounds that its proposed bid ‘substantially undervalued’ its business. The Rank Group and 888 Holdings consortium have called for direct talks with William Hill governance, outlining the case for its three-way merger. Seeking to appeal to William Hill investors, Rank and 888 have today …
Read More »William Hill rejects ‘risky’ Rank-888 consortium bid
The board of William Hill Plc has moved to reject the £3.3 billion takeover bid proposed by the strategic consortium of Rank Group and 888 Holdings. Quick to reject Rank and 888’s offer which was formally issued this afternoon, William Hill governance stated that the proposed deal ‘substantially undervalued’ its corporate enterprise, choosing not to forward the bid to its …
Read More »Rank & 888 submit initial £3.6 billion formal bid for William Hill takeover
The strategic Rank Group and 888 Holdings consortium has declared its intent to takeover William Hill proposing a formal offer of £3.6 billion for the FTSE-listed operator. Updating the market Rank and 888 governances have proposed an initial 364p per share offer for William Hill, as deal stakeholders look to create another UK betting industry giant. The Financial Times, reports …
Read More »UK Bookmakers taking no chances on Premier League 2016/17 long-odds
Having been stung by Leicester City’s fairytale Premier League 2015/16 championship win, UK bookmakers appear to have put an end to their long-odds offerings, as they gear up for a new season of English football. Ladbrokes a major victim of The Foxes’ title victory, reported that they had suffered a £3 million hit as football punters cashed-in on starter odds …
Read More »William Hill signs three-year partnership with Chelsea FC
William Hill has signed a deal to become Chelsea FC’s new official betting partner, in a three-year collaboration with the 2014/15 Premier League champions. The bookmaker will also host Chelsea’s match day betting service at Stamford Bridge, allowing fans to place bets at the stadium on the day of the game and collect winnings from any one of more than …
Read More »William Hill aims for digital turnaround following ‘extremely challenging’ H1 2016
A better than expected Euro 2016, which generated £36 million gross-win has helped William Hill Plc steady its 2016 financial performance, following its worst ever Cheltenham Festival results. Presenting its H1 2016 results (period ending 30 June), William Hill governance stated that the company remains on track to hit its revised full-year guidance of £260-280 million. The FTSE-listed operator would …
Read More »William Hill agrees Tottenham Hotspur European & Australian betting partnership
William Hill has announced it will become Tottenham Hotspur’s new Official European and Australian Betting Partner for an initial two-year period. The partnership will see William Hill will have a presence across the Club’s growing digital channels, pitchside advertising boards and will operate the in-stadium betting services on a matchday. As part of its continued commitment to Haringey (Spurs local community) , …
Read More »William Hill boosts development arm with Grand Parade £13.6 million acquisition
FTSE-listed betting operator William Hill has informed the market that it has agreed to acquire industry software development firm Grand Parade for a reported £13.6 million combined cash and shares deal. Confirming the deal, William Hill governance detailed that it had acquired Grand Parade with a view of bolstering its digital development capabilities as the company continues its corporate focus …
Read More »William Hill nets 2-year European betting partnership with Everton FC
William Hill has penned a two-year deal with Everton to become the Club’s Official European Betting Partner. Beginning this 2016/17 Premier League season, the new partnership will see the Everton FC link up with William Hill marketing to offer exclusive odds on a comprehensive range of markets on all the club’s EPL matches, FA Cup and Capital 1 Cup games. Furthermore, …
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