888 confirms William Hill buyout

The top line 888 will pay Caesars Entertainment £2.2bn ($3.04bn) for the entire William Hill international business. The buyout will be funded by £1.64bn of new loans, a £150m revolver facility and via a £500m right issue. 888 will also take on £0.8bn of William Hill debt. In 2020 the combined business would have had […]