Bally Intralot to Buy William Hill Owner Evoke for $326M
Evoke, the owner of William Hill UK, has agreed to a recommended all-share takeover by Bally’s Intralot S.A. The deal values the company at approximately 243 million pounds as the gambling industry continues to see consolidation.
Insights:
Evoke agreed to a $326.23 million all-share takeover by Bally’s Intralot S.A. on Friday. The deal values the owner of William Hill in the United Kingdom at approximately £243 million. This acquisition marks a total change in ownership for the gambling operator through a full equity transaction.
