Sources familiar with negotiations between Bally’s and evoke told NEXT.io that internal advisors remain confident the deal will get over the line despite delays.
The multi-billion-pound sale of the William Hill operator is the most significant pending gambling sector M&A agreement in Europe, and would deliver a British high-street stalwart to a business known for aggressive cut-price deals.
However, since news of the deal was reported by several media outlets including NEXT.io, the parties announced an extension of negotiations minutes before the initial deadline to the following month.
Despite this delay, NEXT.io understands there is little doubt among some parties directly involved in the process that the deal will eventually be approved by relevant stakeholders.
