Heading for the Hills: Has Caesars undervalued William Hill?

In its winning bid for William Hill, has Caesars Entertainment over or undervalued Hills’ potential in the US market, and how might the takeover impact both firms’ partners?

When William Hill announced that it was at the heart of an M&A bidding war between US casino behemoth Caesars Entertainment and US private equity firm Apollo Global Management, everyone and their dog had an opinion on the value of the 86-year-old business and its many moving parts. In the end, Caesars appears to have…

888 | Caesars | Kindred Group | M&A | Ralph Topping | Simon French | William Hill | Yaniv Sherman