William Hill confirm 888 and Rank Group approach

William Hill have confirmed they have received 'a highly preliminary approach'Credit: David Dew

William Hill on Monday confirmed they received 'a highly preliminary' approach from 888 Holdings and Rank Group regarding a potential merger.

News emerged over the weekend that a £3 billion joint bid was being considered by 888 Holdings and Rank Group for the underperforming bookmaker.

Last week William Hill chief executive James Henderson was relieved of his duties as the firm seek to arrest their decline following profit warnings in October and March.

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

David BaxterReporter

Published on 25 July 2016inNews

Last updated 09:24, 25 July 2016

Copy