888 Holdings anticipates completing its purchase of William Hill by June 30th, 2022, after receiving overwhelming approval from its investors.
The agreement, under discussion for approximately nine months, garnered substantial backing at a recent investor assembly. The vast majority of votes supported the acquisition, indicating strong faith in the move. This major acquisition, in which 888 surpassed rivals with a £2.2 billion bid, will give 888 authority over William Hill’s European businesses.
The purchase is projected to conclude by the end of the upcoming month. At that juncture, the company’s stock will be relisted for trading on the premium tier of the London Stock Exchange. Lord Mendelsohn, 888’s Non-Executive Chairman, conveyed appreciation for the investors’ endorsement and their active involvement throughout the procedure. He contends that the acquisition positions 888 for substantial expansion and development within the worldwide online wagering and gaming sector.
The finalization of this transformative fusion is projected for late June. The union of these two synergistic enterprises, each possessing potent brand recognition, promises to establish a dominant force within the worldwide online wagering and gaming sector.”