UK bookmaker William Hill has announced that it will today complete the exercise of its call option to acquire Playtech's 29 per cent stake in William Hill Online (WHO) for a total cash consideration of of £424m on a debt-free and cash-free basis.
William Hill agreed a deal to acquire the stake from Playtech last month, with Playtech receiving a proportionate share of 2013 profit from WHO up to the date of completion.
The company said that [...]