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Caesars targets cash buy out of $3.7bn of William Hill

Caesars targets cash buy out of $3.7bn of William Hill

Caesars confirmed that it is considering to buy out British betting house William Hill for about $3.7bn in a counter move to beat bid from PE Apollo Global. This comes three days after William Hill said that it had received dueling proposals from Caesars & Apollo. The deal would help Caesars to boost its existing JV with William Hill in US, which allows it to take bets at Caesars properties.

Milan
Milan
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