M&A

Race for William Hill assets down to two as CVC pulls Tipico out of running

Bloomberg suggests German bookmaker has ended interest in acquiring Hills’ non-US business leaving straight shootout between 888 and Apollo

German bookmaker Tipico and its private equity owner CVC Partners has reportedly pulled out of the multi-billion-pound race to acquire William Hill’s non-US assets from Caesars Entertainment. Reports on Bloomberg over the weekend claimed the German operator had ended its interest, just a month after Sky News linked CVC with a credible bid. CVC previously…

888 Holdings | Apollo Global Management | Caesars Entertainment | CVC Capital | M&A | Tipico | William Hill | William Hill US

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