William Hill Bought The Grand Parade Manufacturer For $ 18 Million
Bookmaker william hill (united kingdom) bought a software supplier for bookmakers and gambling grand parade. The amount of the transaction is approximately $ 18.1 million in shares and cash. This informs igaming business.
Representatives of bc william hill stated that the company will release 495 thousand. New shares with a denomination of 10 cents for grand parade as part of the contract amount. About the amount of cash that will be paid under the contract, the bookmaker does not say.
As previously reported, rank group and 888 holdings are at the meeting on the merger of assets. Possible transaction of gambling companies is estimated at $ 2.6 billion. In the event that it takes place, companies want to consider the option of acquiring bc william hill. It is expected that the leadership of the british bookmakers will refuse a sentence, the amount of which will be $ 3.9 billion.
Recall, bc william hill announced the opening of lines for rates on the outcome of the 7th season of television series «game of thrones». According to the bookmaker, daineris targaryen, john snow and sansa stark have the highest chances of obtaining an iron throne, which are estimated at 2.75, 4.5 and 6.0, respectively.