The owner of betting giant William Hill was the target of a £700 million swoop by gambling tech provider Playtech, The Sunday Times can disclose. FTSE 250 company Playtech made a written indicative approach to acquire William Hill owner 888 Holdings at a price of 156p a share in July, only for it to be rejected as undervaluing the company, according to City sources. - The Sunday Times
The return of war to Europe has awakened long forgotten fears. The wealthy no longer know where to keep their money, something that is posing a challenge to Swiss banks.
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