Bally’s Corporation tables £2bn offer for Gamesys Group

Gamesys CEO Lee Fenton would lead the newly combined group as Bally’s executes further M&A to realise US-focused B2B2C ambitions

US casino giant Bally’s Corporation has continued its ambitious M&A spree by launching a £2bn takeover of Gamesys Group. Bally’s has tabled a cash offer which would see Gamesys’ shareholders receive 1,850p per share in the London-listed business. The 1,850p per share offer was calculated in three parts. The first, representing 12.7%, corresponds to Gamesys’…

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