- 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.
- The UK gambling group, valued at $US4 billion (3.2 million), announced last month that it was closing 119 stores due to COVID-19.
- 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 $US8.2 billion.
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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 $US4 billion (£3.2 million).
William Hill confirmed the sepa…
Read the full article at: https://www.businessinsider.com.au/apollo-caesars-want-take-over-william-hill-worth-nearly-4bn-2020-9