Caesars Palace

William Hill Shareholders Approve $3.7 Billion Caesars Takeover

William Hill shareholders have approved the proposed takeover of UK-based sportsbook by the Nevada-based Caesars Entertainment, Inc. The shareholders supported the $3.7 billion deal on a meeting held on Thursday, with 87.1% of the majority that will see Caesars completing William Hill’s “historic acquisition” by the next year subject to the British court’s approval. The …

William Hill Shareholders Approve $3.7 Billion Caesars Takeover Read More »

Willaim Hill shop signs

Apollo Withdraws From William Hill’s Full Takeover

Apollo Global Management has backed out of a race to acquire William Hill, paving the way for Caesars Entertainment to complete the purchase. However, Apollo is still keen to acquire William Hill’s non-US businesses. In September, US casino operator Caesars Entertainment agreed to purchase UK-based sportsbook William Hill for $3.7 billion. After Apollo’s announcement on …

Apollo Withdraws From William Hill’s Full Takeover Read More »

Caesars and William Hill Seal a $3.7bn Takeover Deal

Caesars Entertainment has outplayed its rival Apollo by sealing a $3.7 billion cash takeover deal with betting operator William Hill. The deal to acquire the UK-based sports betting operator is part of Caesars’ bid to expand across the United States. According to reports, Caesars plans to sell William Hill’s international operations, including 1400 betting shops …

Caesars and William Hill Seal a $3.7bn Takeover Deal Read More »

Scroll to Top