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.
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).
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(END) Dow Jones Newswires
November 24, 2017 03:06 ET (08:06 GMT)