Hedgefunds Parvus Wants To Sell William Hill
If it were about the beautiful topic of love and flirtation, would probably be in a comparable case, as it has been around a year ago with the bookmaker and Sports Betting online casino provider William Hill and its admirers, it is said that the advertised clearly unclear signals over a Possible future union. While the two giants 888holdings and the Rank Group, who co-founded William Hill with two mergers to form a true online gambling giant, Sports Betting were the first to win a takeover offer from the Canadian owner of Pokerstars and Full Tilt Poker, the Amaya Gaming Group on.
In both cases, sports betting however, no agreement was reached. The three-way merger with 888holdings and the Rank Group was classified as too risky, and the Executive Board was significantly short of the target price of 3.64 pounds per share, equivalent to a total value of around 4.2 billion pounds sterling . On the other hand, the largest individual shareholder of William Hill, the Hedge funds Parvus, made a dash through the bill, which showed no interest whatsoever to even think about a sale to the Canadians even for Sports Betting a second.