William Hill announced it has secured approval of “all necessary authorities across related jurisdictions,” to complete its €270million acquisition of Stockholm-listed MRG Group.
The acquisition has been approved by MRG governance. William Hill’s SEK 69 cash per share offer has been forwarded to MRG investors, who have until January 17 to review and accept the takeover offer.
William Hill said it is seeking to boost its European regulated markets profile and secure an established player profile within Nordic markets.
The bookmaker’s final SEK 2.8 billion bid represents a 49 percent premium on MRG’s October Stockholm closing price, according to SBC News.
