888 Holdings on Track for June Acquisition of William Hill After Shareholder Approval

888 Holdings anticipates completing its purchase of William Hill by June 30th, 2022, following strong shareholder backing.

The agreement, in which 888 surpassed competitors last September with a £2.2 billion (roughly $2.7 billion) bid for William Hill’s continental businesses, advanced significantly towards conclusion after receiving overwhelming support at a recent shareholder meeting. Shareholders holding nearly 307 million shares, representing over 99% of the votes, approved the proposed merger.

This clears the path for 888 to conclude the acquisition in the coming weeks, with full trading on the London Stock Exchange’s primary market anticipated by the end of June. Lord Mendelsohn, 888 Holdings’ Non-Executive Chairman, conveyed his appreciation for the shareholders’ endorsement and emphasized their valuable input throughout the proceedings.

Our goal is to conclude this significant amalgamation before July arrives. The objective is to unite two industry leaders, each possessing distinct advantages, two legendary entities recognized for their pioneering spirit. This endeavor surpasses us both – we envision the formation of a colossal international force in online wagering and interactive entertainment.