CVC, Apax Mull Bids for William Hill’s Bet Shops, Telegraph Says

Private-equity firms CVC Partners and Apax Partners are considering bids for William Hill’s betting shops and European operations, the Telegraph reported, citing unidentified people in London’s financial center.

Two days ago the Telegraph reported Apollo Global Management was also considering a bid.

Caesars Entertainment agreed to buy William Hill at 272 pence ($3.58) a share in September. The Las Vegas casino operator wants to sell William Hill’s 1,400 shops and other operations outside of America.

All of the parties declined to comment to the Telegraph.

To contact the reporter on this story:
Sherry Su in London at lsu23@bloomberg.net

To ...