William Hill and GVC Holdings have completed the acquisition of Sportingbet after all of the conditions set out in the Scheme Document became effective Tuesday.
In a statement this afternoon, William Hill said that it had completed the acquisition of Sportingbet's Australian business, and has been granted a call option over Sportingbet's locally licensed Spanish business, for a total cash consideration of £459.4m.
“This acquisition is part of our core strategy to expand selectively into international [...]