M&A

Report: PPB and Crownbet the two finalists in Hills Australia auction

Crownbet and new owner, Stars Group, considered the favourite to close the acquisition

Paddy Power Betfair and Crownbet – now majority owned by Stars Group – are the two finalists to buy William Hill’s Australia business, according to local reports. The Australian Financial Review said the two bidders emerged from a group of four, with both now given access to Hill’s ‘black box’ of corporate secrets to help…

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