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William Hill’s stake in NYX threatens acquisition by Scientific Games

9th November 2017 8:54 am GMT
William Hill

A move by William Hill to covert its preference shares in NYX Gaming Group to ordinary shares has sparked a dispute between the partners.

William Hill has requested that its £80m in preference shares in NYX, issued in connection with NYX's acquisition of OpenBet, be converted into 40,723,339 ordinary shares by December 4th, based on a conversion price of CAD$3.67 per share. 

The December 4th deadline is significant because NYX shareholders will be voting on whether to [...]

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