$4 Billion Bid to Consolidate U.K. Betting Industry Fails

Updated on
  • 888, Rank say William Hill refused to ‘meaningfully engage’
  • Two sides had disagreed on value of U.K.’s biggest bookmaker

A customer looks at motor racing betting information on televisions at a William Hill Plc bookmakers in London, on Aug. 2.

Photographer: Simon Dawson/Bloomberg

Two U.K. betting companies abandoned their pursuit of William Hill Plc, the country’s biggest bookmaker, after it rejected an increased 3.1 billion-pound ($4 billion) bid that would have accelerated consolidation of the British gambling industry.

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