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Sarah Lowther

Morning Money: William Hill reject Rank Group and 888 takeover bid

Sarah Lowther
Original Broadcast:

Morning Money at 7:00 on

Morning Money: William Hill reject Rank Group and 888 takeover bid
Bookmaker William Hill has rejected a £3.16bn takeover offer from online operator 888 and casino giant Rank. The bid, in shares and cash, was called "highly opportunistic" by Gareth Davis, chairman of William Hill, who said it did not reflect its true value. Gambling industry strategist and consultant, Steve Donoughue, discussed the deal.

Guests: Chris Bailey,Steve Donoughue