Summary
A pounds 504m deal for William Hill to buy Stanley's 624 UKbetting shops has been approved by the shareholders of both sets of companies.
Both Liverpool-based Stanley - chaired by Leonard Steinberg - and Hills held extraordinary general meetings yesterday and the deal will now be officially concluded at midnight tonight. The sale amounts to 13.5 times Stanley's profits and could net founder Lord Steinberg around pounds 40m.See the full content of this document
Extract
Betting Shop Sale Set to Go Ahead
The betting s...
See the full content of this document
Sponsored links
