Gambling firm 888 buys William Hill International in £2.2bn deal
by Rob Davies from on (#5PB46)
Online casino business signals intention to keep bookmaker's shops as part of a foray into bricks and mortar
The online casino company 888 Holdings has confirmed its 2.2bn purchase of William Hill International and signalled its intent to keep the bookmaker's 1,400 shops as part of a foray into bricks-and-mortar betting.
William Hill has been owned by the Las Vegas casino company Caesars since last year, when shareholders accepted a $3.7bn (2.7bn) takeover bid, but the American firm was open about its lack of interest in the British company's 87-year-old brand, its high-street bookmaking shops and its non-US online operations.
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