William Hill Says It Is in Talks With CrownBet Over Australia Merger

By Dimitrios Kontos Features Dow Jones Newswires

William Hill PLC (WMH.LN) on Friday said that it is in preliminary discussions regarding a possible merger between its wholly-owned subsidiary, William Hill Australia, and Australian company CrownBet.

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There is no certainty that these preliminary discussions with CrownBet will lead to any transaction, the U.K.-based bookmaker added.

CrownBet is an online gaming business that is 62%-owned by Crown Resorts Ltd. (CWN.AU).

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

(END) Dow Jones Newswires

November 24, 2017 03:06 ET (08:06 GMT)