888 Holdings PLC (888.L)
Aug 18 Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc have withdrawn their proposal to combine with rival British bookmaker William Hill Plc.
* 888 Holdings Plc and Rank Group Plc announce that they do not intend to make an offer for William Hill Plc
* Will announce FY results on Tuesday, Aug. 23 2016, rather than on Thursday, Aug. 18 2016 as previously announced
* William Hill shares down 3 pct (Adds line from 888/Rank on revised offer's valuation)
LONDON, Aug 15 British bookmaker William Hill said on Monday it had rejected a revised takeover proposal from rivals 888 Holdings and Rank Group , saying it continues to undervalue the group.
LONDON, Aug 11 British bookmaker William Hill said it remained firmly opposed to engaging with 888 Holdings and Rank Group after the two companies set out more details of their unsolicited 3.16 billion pound ($4.11 billion) approach.
Aug 10 Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc called on Wednesday for talks with the board of William Hill Plc after their proposed joint bid was rejected by the British bookmaker.
Aug 10 Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc said they would welcome an opportunity to talk with the board of William Hill Plc over their goal of a merger, after their joint takeover offer was rejected.
Aug 10 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
William Hill rejected a 3.16 billion pound ($4.11 billion) bid by smaller rivals Rank Group and 888 Holdings on Tuesday, saying a 16 percent premium "substantially undervalued" the British bookmaker.