Reuters logo
William Hill, GVC agree 485 million pound deal for Sportingbet
December 20, 2012 / 4:31 PM / in 5 years

William Hill, GVC agree 485 million pound deal for Sportingbet

LONDON, Dec 20 (Reuters) - William Hill and smaller partner GVC Holdings have agreed a 485 million pound ($789 million) takeover of online gambling company Sportingbet, the companies said on Thursday.

The recommeded cash-and-shares offer values Sportingbet shares at 56.1p each, in line with terms provisionally agreed earlier this month.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below