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William Hill deal to buy MRG gets final approvals

William Hill has received all necessary competition approval for its €245m acquisition of online gaming group MRG.

In a recent statement, operator said, “It had now been granted approvals from the competition authorities in all necessary jurisdictions. As a consequence, the offer is no longer conditional upon any approvals from authorities.”

“A duly filled in and signed acceptance form shall be submitted to Danske Bank in sufficient time before the last day of acceptance period so that it may be received, in original by in Danske Bank no later than 3 pm on January 17.

The Bookmaker expects the Acquisition to provide access to an international hub in the shape of Malta from which to drive international growth together with deeper operational expertise in New Markets. It also drawn to the strong established brands of Mr. Green and Redbet, which both have a track record of growth across the geographic Portfolio. MRG holds remote gambling license in Denmark, italy, Malta, UK and Ireland.

MRG’s online only business will increase the will Hill Group’s share of revenues and profit from online as well as from outside the UK.

 

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Kevin Kaostricks

Kevin Kaostricks

Kevin takes care of round the clock updates on Casino Buzz. He is based out of Rochester. He can be reached out at kk@casino.buzz

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