William Hill and Amaya Abandon Merger Talks

페이지 정보

profile_image
작성자 Chantal Sharman
댓글 0건 조회 4회 작성일 25-10-21 06:43

본문

William Hill and Amaya desert merger talks


18 October 2016


British bookmaker William Hill and Amaya, owner of the world's greatest online poker organization, have ended talks of a possible ₤ 4.5 bn merger.


William Hill said it took the choice, external after canvassing views from a number of significant shareholders.

bet9ja-promotion-code-YOHAIG-001.jpg

Recently, its greatest financier, Parvus Asset Management, greatly criticised the yohaig code tie-up.

bet9ja-mobile-registration-13.jpg

Canada's Amaya, external, which owns PokerStars, stated that remaining independent was the yohaig code very best relocation for shareholders.

bet9ja-mobile-app-banner-1.png

Amaya said: "Discussions have concluded, and Amaya and William Hill have identified that they will no longer pursue the merger."

bet9ja-mobile-app-banner-15.gif

'Limited logic'

bet9ja-mobile-how-to-register-4.gif

News of the talks emerged earlier this promotion code month, with William Hill saying a merger would create "a clear global leader throughout online sports betting, poker and casino".

bet9ja-mobile-app-banner-5.gif

However, Parvus said the deal had "minimal strategic logic" and would "damage investor worth".

bet9ja-mobile-app-banner-7.gif

The FTSE 250 bookie is seeking to maintain as a number of its close rivals combine. Paddy Power and Betfair have actually merged to produce a FTSE 100 betting company, while Ladbrokes and Coral are integrating to end up being the UK's most significant High Street bookie.


Ladbrokes reported a 12% rise in third-quarter revenue on Tuesday, improved by online development and poor results for fan-favourites Manchester United and Barcelona.


William Hill, which ousted its chief executive in July after a string of warnings, saw off a takeover method from gambling establishment company Rank and online operator 888 2 months ago.


Meanwhile, Amaya's shares have fallen 30% in the previous 12 months amid an insider trading investigation into its previous chief executive, the danger of a $870m (₤ 710m) fine in Kentucky, and slowing potential customers for online poker.


Ladbrokes-Coral offers 359 wagering shops

bet9ja-mobile-app-banner-4.gif

댓글목록

등록된 댓글이 없습니다.

Copyright 2019-2021 © 에티테마