Tag: Mergers & acquisitions
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MGM Drops Entain Takeover Bid
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Major American-based casino operators MGM Resorts has announced it will not now continue its takeover talks concerning Entain. Entain, the owner of major UK brands Coral and Ladbrokes, among others, had refused an £8.1 billion initial offer from the famed…
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Potential £2.9billion Takeover of William Hill by Caesars
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American casino giants Caesars has detailed a potential cash bid for British bookmaking firm William Hill. Caesars Entertainment Inc. says that a deal worth some £2.9billion, or $3.7billion, could be forthcoming with shares in what is one of Britain’s oldest…
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NetEnt Releases Statement Regarding Evolution Gaming Offer
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The board of directors at NetEnt has confirmed to the public that it has received, and accepted, a $1.8billion buyout offer from Evolution Gaming. The deal is worth some $7 per share and will lead to Evolution taking 90% of…
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DraftKings Set to Buy SBTech?
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DraftKings, the American daily fantasy sports content provider, is reportedly closing in on a buy-out for sports betting company SBTech. Details to be Confirmed Full details of this deal are as yet unknown, but if being completed it would mean…
