888 shares jump after confirming William Hill takeover interest
Online betting group 888 Holdings has confirmed that bookmaker William Hill has approached the firm to inquire about a possible takeover.
After making the announcement on Tuesday, 888 shares rose by 18.6 per cent to 172p, with the Financial Times reporting the £600m valued firm could go for as much as £700m.
An 888 board statement read: “The board of the company confirms that it received an approach regarding a possible offer for the company by William Hill.
“There can be no certainty, however, that any firm offer will be made nor as to the terms on which any firm offer might be Read full story ›
Source: The Drum
