Apollo mulls buying UK betting firm William Hill - report

business
Apollo Mulls Buying Uk Betting Firm William Hill - Report
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Reuters
Buyout firm Apollo Global Management is considering buying bookmaker William Hill and has approached the company about a potential deal, Bloomberg News reported on Friday, citing people familiar with the matter.

Shares of the British company surged 20% on the news .

.The two companies did not immediately respond to a Reuters request for comment.

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