Future of Hills' European businesses to be decided soon as bidding closes
The future of William Hill's European assets, including their substantial betting shop estate, is set to become clearer in the coming weeks after the billion-pound bidding process drew to a close on Wednesday.
Apollo Global Management, Tipico, a German betting group which is majority owned by private equity firm CVC Capital Partners, and 888 Holdings are thought to be the three runners left in the race for the bookmaker's remaining business following the submission of best and final bids.
William Hill were purchased for £2.9 billion in April by US casino giant Caesars Entertainment, which outlined its plan to retain the venerable firm's businesses in America and offer up the rest to the highest bidder.
Read the full story
Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.
Subscribe to unlock
- Racing Post digital newspaper (worth over £100 per month)
- Award-winning journalism from the best writers in racing
- Expert tips from the likes of Tom Segal and Paul Kealy
- Replays and results analysis from all UK and Irish racecourses
- Form study tools including the Pro Card and Horse Tracker
- Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Already a subscriber?Log in
Published on inNews
Last updated
Copy- Join Racing Post Members' Club for the very best in racing journalism - including Patrick Mullins' unmissable trip to see Gordon Elliott
- Join the same team as Ryan Moore, Harry Cobden and other top jockeys with 50% off Racing Post Members' Club
- Racing Post Members' Club: 50% off your first three months
- 'It’s really exciting we can connect Wentworth's story to Stubbs' - last chance to catch master painter's homecoming
- The jumps season is getting into full swing - and now is the perfect time to join Racing Post Members' Club with 50% off
- Join Racing Post Members' Club for the very best in racing journalism - including Patrick Mullins' unmissable trip to see Gordon Elliott
- Join the same team as Ryan Moore, Harry Cobden and other top jockeys with 50% off Racing Post Members' Club
- Racing Post Members' Club: 50% off your first three months
- 'It’s really exciting we can connect Wentworth's story to Stubbs' - last chance to catch master painter's homecoming
- The jumps season is getting into full swing - and now is the perfect time to join Racing Post Members' Club with 50% off