(Bloomberg) — Apollo Global Management Inc. and Caesars Entertainment Inc. have approached U.K. gambling group William Hill Plc about a potential takeover.William Hill has received separate cash proposals from the two groups, it said in a statement Friday after Bloomberg News reported on the Apollo approach.Talks are ongoing and there is no certainty that a formal offer will be made, William Hill said. Shares of the bookmaker rose as much as 41% in London trading on Friday, hitting their highest level in more than two years and giving the company a market value of about 3.1 billion pounds ($3.9 billion).A …read more
Source:: Yahoo Finance
