Tan Sri Quek Leng Chan, who has his hands in an array of economic activities from property to manufacturing and finance, is eyeing a joint bid for Britain’s largest bookmaker William Hill Plc.
Rank Group Plc, a company that is majority-controlled by Quek, and 888 Holdings Plc are considering a joint offer to take over William Hill, a competitor.
According to Bloomberg, which broke the story early yesterday, the two companies see “significant industrial logic in the combination”, which will deliver “substantial revenue and cost synergies”, according to an e-mailed statement.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
Rank Group Plc, a company that is majority-controlled by Quek, and 888 Holdings Plc are considering a joint offer to take over William Hill, a competitor.
According to Bloomberg, which broke the story early yesterday, the two companies see “significant industrial logic in the combination”, which will deliver “substantial revenue and cost synergies”, according to an e-mailed statement.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment