{"id":75802,"date":"2020-09-25T20:01:09","date_gmt":"2020-09-25T17:01:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/william-hill-shares-surge-after-approaches-from-apollo-caesars\/"},"modified":"2020-09-25T20:01:09","modified_gmt":"2020-09-25T17:01:09","slug":"william-hill-shares-surge-after-approaches-from-apollo-caesars","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/william-hill-shares-surge-after-approaches-from-apollo-caesars\/","title":{"rendered":"#William Hill shares surge after approaches from Apollo, Caesars"},"content":{"rendered":"

“#William Hill shares surge after app<\/a>roaches from Apollo, Caesars<\/strong>”
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\n Shares in British bookmaker William Hill soared Friday after the company revealed it received takeover proposals from two American suitors.<\/p>\n

The London-listed stock ended the day up 43.4 percent at 312.20 pounds, or $396.74, after William Hill said it had been approached by private-equity giant Apollo Global Management and casino operator Caesars Entertainment.<\/p>\n

William Hill didn\u2019t disclose the terms of the proposals but said it is continuing discussions with both Apollo \u2014 run by billionaire buyout king Leon Black \u2014 and Caesars, which runs more than 55 resorts. Both potential buyers have until Oct. 23 to announce whether they will make an offer, the company said.<\/p>\n

\u201cThere can be no certainty that any offer for William Hill will be made, nor as to the terms on which any offer might be made,\u201d William Hill said in a Friday statement<\/a>.<\/p>\n

Apollo declined to comment Friday and Caesars did not immedia<\/a>tely respond to a request for comment. The companies\u2019 share prices shot up as much as 3.2 percent and 8.4 percent, respectively, on news<\/a> of their interest in William Hill.<\/p>\n

London-based William Hill is one of the world\u2019s largest sports-betting outfits and runs more than 150 US locations in 12 states, its website says. The company is looking to build scale in the US and is in talks with Caesars \u2014 with which it already has a partnership \u2014 about merging some of their American operations, according to Bloomberg News<\/a>, which first reported on the potential takeovers Friday.<\/p>\n

Apollo also has a connection to Caesars \u2014 the firm teamed up with TPG Capital to take the casino giant private in 2008. Caesars was acquired in July by Eldorado Resorts, which took on the Caesars name.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#William Hill shares surge after approaches from Apollo, Caesars” Shares in British bookmaker William Hill soared Friday after the company revealed it received takeover proposals from two American suitors. The London-listed stock ended the day up 43.4 percent at 312.20 pounds, or $396.74, after William Hill said it had been approached by private-equity giant Apollo…<\/p>\n","protected":false},"author":1,"featured_media":75803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/09\/william-hill-caesars-apollo.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[72643,72964,72965,72966,72967,72968,70584],"class_list":["post-75802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-25-20","tag-apollo-global-management","tag-caesars-entertainment","tag-casinos","tag-gambling","tag-leon-black","tag-mergers-acquisitions"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/75802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=75802"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/75802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/75803"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=75802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=75802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=75802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}