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William Hill shares surge 20% on report of Apollo bid approach

Fri, 25th Sep 2020 12:38

LONDON, Sept 25 (Reuters) - Shares in William Hill
surged over 20% on Friday after a news report by Bloomberg said
the UK bookmaker had been approached by private equity firm
Apollo Global Management for a potential acquisition.

Representatives for William Hill and Apollo Global
Management did not immediately respond to a request for comment.

At 1156 GMT, William Hill shares were trading up 19% at
259.3 pence.
(Reporting by Julien Ponthus, Editing by Abhinav Ramnarayan)

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