March 1, 2013 / 7:21 AM / in 4 years

RPT-William Hill buys out online partner Playtech

1 Min Read

March 1 (Reuters) - William Hill, Britain's biggest bookmaker, is paying 424 million pounds ($643.6 million) to buy out Playtech's 29 percent stake in their online joint venture.

William Hill said it was raising around 375 million pounds through a rights issue to help fund the deal.

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