Thu, 01st Jul 2021 08:10
* Focus on expanding online business with new products * Rank still scouting for M&A across the board - CEO * Online revenue rises 11 pct * Shares rise as much as 7.5 pct (Adds CEO, analyst comments, details, background) By Rahul B and Noor Zainab Hussain Aug 23 (Reuters) -
Read more(ShareCast News) - Rank Group, which operates Grosvenor Casinos and Mecca bingo halls, reported an increase in full-year pre-tax profit and revenues and said it sees no likely impact from the Brexit vote. Adjusted pre-tax profit for the year to the end of June ticked up 4% to £77.4m while group reve
Read more(ShareCast News) - UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south. The spectre of the Lisbon Treaty's Article 50 rose once more, following a media report that claimed UK Prime Minister Theresa May was sympathetic to
Read more** Rank and 888 end efforts to take over William Hill on Thursday, days after a revised offer was rejected ** William Hill +3.3%, top FTSE 250 riser in volume; co said after market close Thursday it sees FY operating profit at top end of guidance ** Liberum edges up PT to 323p (v 319p
Read more* Rank Group, 888 say do not intend to make an offer * William Hill says clear plan to diversify digitally * William Hill sees FY operating profit at top end of guidance * William Hill shares close down 1.5 pct * Rank Group shares closed down about 1 pct * 888 shares
Read moreAug 18 (Reuters) - Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc have withdrawn their proposal to combine with rival British bookmaker William Hill Plc. Rank Group and 888 said on Thursday they had not been able to meaningfully engage with Will
Read more* William Hill received revised 888-Rank proposal on Sunday * Says proposal substantially undervalues company * 888-Rank consortium must 'put up or shut up' by August 21 * William Hill shares down 3 pct (Adds line from 888/Rank on revised offer's valuation) LONDON, Aug 1
Read more(ShareCast News) - William Hill rejected an improved cash-and-shares offer from Rank Group and 888 Holdings made over the weekend and continued to turn its nose up at the prospect of talks. Casino operator Rank and online gaming specialist 888 launched the improved offer on Sunday that valued the UK
Read moreLONDON, Aug 15 (Reuters) - British bookmaker William Hill said on Monday it had rejected a revised takeover proposal from rivals 888 Holdings and Rank Group , saying it continues to undervalue the group. The revised proposal comprises 199 pence in cash and 0.860 BidCo shares per William Hi
Read more(ShareCast News) - Britain could remain in the EU until late 2019, almost a year later than predicted, ministers have privately warned senior figures in the City of London. Theresa May has been expected to enact article 50 in January, setting in train the formal two years of negotiations before Brex
Read more(ShareCast News) - William Hill has again given the cold shoulder to a joint merger proposal by smaller suitors Rank Group and 888 Holdings and despite its troubles this year continued to haughtily turn its nose up at the prospect of talks. Just before trading closed on Wednesday, Rank and 888 confi
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