William Hill has received takeover proposals from both Apollo Global Management and Caesars Entertainment, but says there is no certainty of sealing a deal, Bloomberg reported.
Apollo is also up against private equity firm TDR Capital LLP in the race to buy UK supermarket chain Asda from Walmart, valued at around $8.2 billion.US private equity firm Apollo Global Management and casino group Caesars Entertainment have each offered to take over William Hill, the British gambling group valued at $4 billion . . It said that there was no certainty of any deal.
Shares in William Hill, which have dropped since the start of the pandemic, surged by more than 20% on Friday.
Hopefully they go with caesars
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