Casino Choice UK News Archive
888 takover is imminent
888 has been in talks with Ladbrokes Plc for more than a month and insiders have been suggesting a deal could be reached within a week.
The Daily Mail reported on Friday that the takeover offer is expected to be around 140 and 145 pence per share, valuing the company at around £490 million.
But the deal still hinges on the two sets of brothers who founded 888. Shay and Ron Ben-Yitzhak and Aaron and Avi Shaked own about two-thirds of 888 - worth over £300m.
The Daily Mail reported on Friday that the takeover offer is expected to be around 140 and 145 pence per share, valuing the company at around £490 million.
But the deal still hinges on the two sets of brothers who founded 888. Shay and Ron Ben-Yitzhak and Aaron and Avi Shaked own about two-thirds of 888 - worth over £300m.
Submitted: 2006/12/11 at 12:55:29
