Amaya and William Hill PLC in ongoing discussions about potential merger
MONTREAL – Canadian online gaming company Amaya Inc. and British bookmaker William Hill PLC have announced they are in discussions regarding a potential merger.
Amaya (TSX:AYA) said it has been reviewing its strategic alternatives since February 2016.
Over recent months, William Hill said it has been evaluating options to accelerate its strategy of increasing diversification by growing its digital and international businesses.
Amaya and William Hill PLC jointly said the potential merger would be consistent with both companies strategic objectives to create a clear international leader across sports betting, poker and casino.
The companies said discussions are ongoing and there can be no certainty that an agreement will be reached.
News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community? Create a free account to comment on stories, ask questions, and join meaningful discussions on our new site.
Leave a Reply
You must be logged in to post a comment.