4th Feb 2019 16:50
LONDON (Alliance News) - William Hill PLC said Monday it has started the compulsory acquisition of shares of Mr Green & Co AB, after its control of the takeover target reached 98.5%.
The UK bookmaker said Swedish peer Mr Green's shares will be delisted from Nasdaq Stockholm after February 15.
William Hill agreed the SEK2.82 billion, about GBP242 million, takeover at the end of October. The offer was at a 49% premium to Mr Green's closing price on Nasdaq Stockholm the day before the offer.
William Hill closed up 0.9% at 181.75 pence in London on Monday.
Related Shares:
WMH.L