International edition
November 23, 2017 | Edition Nº3372

“We will continue to act in the best interests of our shareholders”

William Hill voices concern over Scientific Games-NYX agreement

William Hill voices concern over Scientific Games-NYX agreement
William Hill owns and controls 6,800,000 ordinary shares of NYX.
United Kingdom | 11/10/2017

William Hill is to consider options regarding Scientific Games’ proposed purchase of NYX Gaming Group.

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n September, Scientific Games revealed it would acquire NYX for approximately US$609.2m, in a deal that would result in the creation of a “global digital gaming and lottery powerhouse”.

However, William Hill now wants to look in detail at the agreement in regards to contractual rights it obtained when it allowed NYX to acquire OpenBet.

William Hill stated “no decision has been made at this time” and, despite reports, “refutes in the strongest terms that any anti-competitive measure have been requested or is being demanded”.

The company also said, “William Hill confirms that it has issued a conversion notice to convert its holding of convertible preference shares and has commenced legal action in order that it may also vote such shares at the special meeting of shareholders.

“William Hill does not wish to make any further comment on those proceedings at this time, other to confirm that it will continue to act in the best interests of its shareholders.”

William Hill owns and controls 6,800,000 ordinary shares of NYX and £80m of preference shares of NYX Digital Gaming, an indirect wholly-owned subsidiary of NYX.

Yogonet.com
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