UK bookmaker William Hill and GVC Holdings have revised and increased their proposed bid for online gaming operator Sportingbet to 61.1 pence per share, which would value the company at approximately £530m (US$851m).
In a statement Tuesday, the boards of Sportingbet, William Hill and GVC confirmed they had reached agreement regarding a revised, increased proposal to acquire the entire issued and to be issued share capital of Sportingbet.
The proposal values each Sportingbet share at 61.1 pence [...]
