21 December, 2012 |
William Hill have agreed a deal to acquire online operators Sportingbet.
The £485m takeover, which has been recommended by the Sportingbet board, will see Hills purchase Sportingbet’s Australian business while also being granted a call option over the firm’s Spanish operations.
Hills’ junior partner in the arrangement, gambling service providers GVC Holdings, are to acquire the remaining Sportingbet businesses in areas where the re...