Both private equity firms have considerable histories in the gambling sector. Apollo runs The Venetian on the Las Vegas Strip and CVC holds a majority stake in German sportsbook giant Tipico.
London stocks were little changed in early trade on Monday at the start of a week that includes the latest policy announcement from the European Central Bank and the kick-off of US earnings season.
Ladbrokes-owner Entain bounces amid renewed takeover speculation proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
FTSE 100 Live: Stocks edge higher as miners and Entain rally; retailers slip proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.