Heavily indebted UK-listed gambling company says it is discussing possible offer from US group at 50p a share
Evoke, the London-listed gambling company that owns William Hill and the 888 online casino brand, is in takeover talks with the US casino operator Bally’s Intralot.
The heavily indebted company said in a statement to the stock market that it is in discussions with Bally’s “regarding a possible offer” for the business at 50p a share, almost a third higher than its closing price on Friday and valuing the group at £225m.
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This article was originally published by The Guardian and written by Lauren Almeida.
Read original article on The Guardian