Wednesday April 8, 2020

William Hill board rejects takeover proposal

Gaming duo plan substantially undervalues company, says board

9th August, 2016
William Hill shares rise on takeover report Pic: Rex

British bookmaker William Hill has rejected a takeover proposal from Rank Group and 888 Holdings.

It issued a statement this afternoon in response to earlier reports of a £3.6 billion takeover bid.

William Hill said it had received an "unsolicited" and "highly conditional" proposal from Rank and 888, comprising 199p in cash as well as shares in a combined entity. The deal would result in William Hill shareholders owning 44.6 per cent of the combined group....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 3 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 3 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 3 weeks ago