BRIEF-Canada's Amaya, Britain's William Hill confirm potential merger talks

Mon Oct 10, 2016 2:19am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Oct 10 (Reuters) - William Hill Plc

* William hill plc - response to press speculation

* Response to press speculation

* Note recent press speculation and confirm that they are in discussions regarding a potential all share merger of equals

* Over recent months, board of William Hill has been evaluating options to accelerate William Hill's strategy of increasing diversification by growing its digital and international businesses

* Amaya has been undertaking a review of its strategic alternatives since february 2016

* William Hill pl- potential merger would be consistent with strategic objectives of both william hill and amaya and would create a clear international leader across online sports betting, poker and casino

* Discussions are ongoing and there can be no certainty that an agreement will be reached.

* Potential merger would be classified as a reverse takeover under listing rules of financial conduct authority and is not subject to city code on takeovers and mergers Source text for Eikon: Further company coverage: