Future of Hills' European businesses to be decided soon as bidding closes
The future of William Hill's European assets, including their substantial betting shop estate, is set to become clearer in the coming weeks after the billion-pound bidding process drew to a close on Wednesday.
Apollo Global Management, Tipico, a German betting group which is majority owned by private equity firm CVC Capital Partners, and 888 Holdings are thought to be the three runners left in the race for the bookmaker's remaining business following the submission of best and final bids.
William Hill were purchased for £2.9 billion in April by US casino giant Caesars Entertainment, which outlined its plan to retain the venerable firm's businesses in America and offer up the rest to the highest bidder.
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