WILLIAM HILL
GOES GLOBAL
William Hill acquired the Australian
and Spanish businesses of
Sportingbet and bought out its
online JV partner Playtech
WHAT HAPPENED?
It was a busy year for William Hill from
an investment and M&A perspective as it
clinched a number of significant deals over
the 12-month period. However, two moves
in particular have stood the operator in
good stead for the future – the buyout of
Playtech’s JV stake and its acquisition of
Sportingbet.
In March, Hills paid an estimated £424m
for Playtech’s 29% stake in its online joint
venture, giving it 100% control of its online
business. The deal has allowed the operator
to invest at its own pace and have more
control of how it wants to take the business
forward, which seems to have been w