Nabarro, Ashurst and Addleshaw Goddard are all working on an M&A deal that could see the UK's biggest bookmaker William Hill acquire gambling rival Sportingbet for £530m. After rejecting two earlier bids, the Sportingbet board has agreed to the terms of a fresh deal and are now waiting for a firm offer to be made by William Hill and deal partner GVC Holdings before recommending it to shareholders.
October 16, 2012 at 12:43 PM
1 minute read
The original version of this story was published on Legalweek
Nabarro, Ashurst and Addleshaw Goddard are all advising on an M&A deal that could see the UK’s biggest bookmaker William Hill acquire gambling rival Sportingbet for £530m.
After rejecting two earlier bids, the Sportingbet board has agreed to the terms of a fresh deal and are now waiting for a firm offer to be made by William Hill and deal partner GVC Holdings before recommending it to shareholders.
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