Caesars in ‘advanced discussions’ over £2.9bn William Hill deal
Written by Rother Radio News on 28/09/2020
Casino giant Caesars Entertainment has confirmed it is in “advanced discussions” over a £2.9bn takeover of William Hill.
The announcement comes after William Hill said on Friday that it had received approaches from Caesars as well as private equity firm Apollo.
William Hill’s board of directors has now told Caesars that its offer “is at a price level that they would be minded to recommend” to shareholders, the US casino firm said.
© Sky News 2020