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William Hill PLC (WMH.L)

WMH.L on London Stock Exchange

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Tue, Aug 23 2016

Bookmakers Rank Group sees no direct impact from Brexit

Aug 23 Casino operator Rank Group Plc said on Tuesday Britain's decision to leave the European Union would have little or no direct impact on its performance, days after it dropped its joint bid to buy bookie William Hill Plc . Rank, the operator of Grosvenor casinos and Mecca bingo hall, said it was mainly a UK-focused business with limited exposure to non-sterling earnings. The company, however, said any impact of Brexit could be driven by lower UK growth rates or loss of

Britain's FTSE edges towards biggest weekly loss since June

LONDON, Aug 19 Britain's top share index edged lower on Friday and was set for its biggest weekly drop since June as a strong rally to 14-month highs stalled.

Bookmakers Rank Group, 888 drop pursuit of rival William Hill

Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc ended efforts to take over rival British bookmaker William Hill Plc days after a revised offer was rejected.

UPDATE 2-Bookmakers Rank Group, 888 drop pursuit of rival William Hill

* William Hill sees FY operating profit at top end of guidance

Rank Group, 888 drop pursuit of rival William Hill

Aug 18 Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc have withdrawn their proposal to combine with rival British bookmaker William Hill Plc.

BRIEF-William Hill sees FY profit at top of range as 888-Rank bid falls through

* Had a good start to second half of year and board now expects operating profit 1 for 2016 to be at top end of previously guided £260-280m range

BRIEF-Rank Group, 888 say not to make an offer for William Hill

* 888 Holdings Plc and Rank Group Plc announce that they do not intend to make an offer for William Hill Plc

BRIEF-Rank delays FY results citing on-going deal talks with William Hill

* Will announce FY results on Tuesday, Aug. 23 2016, rather than on Thursday, Aug. 18 2016 as previously announced

UPDATE 2-William Hill rejects revised 888-Rank approach

* William Hill shares down 3 pct (Adds line from 888/Rank on revised offer's valuation)

BRIEF-Rank Group,888 confirm making a revised offer for William Hill

* Confirm that on 14 August 2016 they submitted an improved non-binding proposal to board of William Hill regarding a possible combination of 888, Rank and William Hill

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