Bally’s Intralot’s acquisition of William Hill and 888 parent company evoke is well on track after the Greek-American company’s shareholders overwhelmingly supported the move.
The Athens-listed company held its annual general meeting on 17 September, where the plan to purchase evoke for 52p [$0.69] per share, valuing the William Hill owner at £243.1m [$325.6m], was a key topic.
A grand total of 99.585% of Bally’s Intralot shareholders approved the takeover, with just 0.415% voting against. This broadly corresponds with the results of evoke’s own AGM, published 17 August, with 99.63% voting in favor.
Approval by the shareholders of both firms means that the takeover now just needs to clear a few more regulatory approvals before it can go ahead.
