William Hill CEO Says Talks With Playtech Are Progessing Well

William Hill Plc (WMH) Chief Executive Officer Ralph Topping said talks with Playtech Ltd. (PTEC) are progressing well and will continue over the summer.

“Talks are going extremely well,” Topping said on a conference call with analysts today, adding the company will update investors in the summer.

William Hill started talks in March with Playtech, a minority shareheolder in William Hill Online, on whether to end their joint venture or find a “third way” after a breakdowm in relations last year, the Financial Times reported.

To contact the reporter on this story: Colm Heatley in Belfast at cheatley@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

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