Entertainment Caesars to supply thirty million shares to fund William...

Caesars to supply thirty million shares to fund William Hill deal – Reuters United kingdom

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CZR.Oexplained on Monday it would present thirty million shares and intends to use the net proceeds to finance a part its achievable takeover of William HillWMH.L. The business gave no indicator on pricing of the present.

The give would be valued at $one.7 billion (1.32 billion lbs .) at Caesars’ closing selling price of $57.07 on Friday.

Reporting by Sanjana Shivdas in Bengaluru Editing by Maju Samuel

Our Benchmarks: The Thomson Reuters Rely on Rules.

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