Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
A formal offer has to be made within 28 days of today by Caesars or Apollo or they walk away. Board has to consider it, if they consider it to be worthy, board has to put offer to the shareholders for consideration. Formal process can take a few months, enjoy the fun!!!
GVC up 9%, WMH up 34%, puts it in context.....
Novice, enjoy your beers tonight, what a Friday!!
And I posted yesterday that there would not be a takeover, just goes to show what I know, enjoy the rise folks, reckon it's going to go higher.
Can't see a tekeover coming, no US entity would ever want the UK retail shops. Spin off of the USA business is the most likely, hard to see a buyer taking whats left after that.
Hoarse, where did you come up with 1.2 billion of debt from?
Guys, think this is the uncrossing trade at closing auction and not a total fund investment, GLA.
WMH ADRs up 6.1% in the US, hope London price reflects this tomorrow, GLA.
Labour day in the US, markets closed today.
Morbox, a few years ago Verizon bought out Vodafone's US wireless business, Vodafone shareholders got Verizon shares. From a tax perspective did have to complete a W8BEN form, entitles foreign shareholders to pay a reduced rate of w/h tax on dividends (15% as opposed to 30%) and 0% withheld on share sales. From what I recall it was fairly seamless exercise, shares were held in a nominee account but once deal done you could transfer to your own broker.
Dividend details can be found on the shareholder centre section on the WMH corporate website.
William Hill ADRs (WIMHY) trade on the OTC market, don't trade on a traditional exchange in the US.
A "City bookmaker", the Times having a dig...but the facts speak for themselves.
Wow, great results, fantastic shareholder returns in dividends and share buybacks. Did I read it correct that we are to receive 5% refund on the 2019 withholding tax? GLA
Just profit taking after a great run, think longer term folks, it's a winner!
She is leaving William Hill, announced back in June.
The MD who sold the shares is leaving William Hill in the coming months.