Caesars wants to takeover William Hill plc for £2.9 billion

Caesars (NASDAQ: CZR) said on Monday that it was in advanced talks with William Hill plc (LON: WMH) for a potential takeover that values the London-based bookmaker at £2.9 billion. Following the completion of the transaction, the casino operator will get to practice full control over the United States sports-betting and online business that has been expanding quickly. In a joint statement on Monday, Caesars said that its offer stands 272 pence a share. William Hill’s board also highlighted that it will recommend Caesars’ bid to its shareholders. The British bookmaker had originally revealed to have received separate bids from