The acquisition was defined last October
William Hill takeover of Mr Green approved by all jurisdictions
The offer, worth USD313,8 billion, was at a 49% premium to Mr Green's closing price on Nasdaq Stockholm the day before the offer.
2019-01-07
Reading time 32 seg
The offer, worth USD313,8 billion, was at a 49% premium to Mr Green's closing price on Nasdaq Stockholm the day before the offer.
William Hill said Monday its proposed takeover of Swedish bookmaker Mr Green & Co AB has received approval from competition authorities in all necessary jurisdictions.
The last day for Mr Green shareholders to accept the offer is January 17, while shares in William Hill were up 1.0% Monday at 165.00 pence each.
William Hill agreed the GBP242 million takeover at the end of October. The offer, worth USD313,8 billion, was at a 49% premium to Mr Green's closing price on Nasdaq Stockholm the day before the offer.
Mr Green's board recommended shareholders accepted the offer, and shareholders representing 40% of its share capital have already said they will do so.
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