{"id":68,"date":"2024-06-13T00:48:03","date_gmt":"2024-06-12T21:48:03","guid":{"rendered":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/13\/888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion\/"},"modified":"2024-06-17T13:16:02","modified_gmt":"2024-06-17T10:16:02","slug":"888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion","status":"publish","type":"post","link":"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/13\/888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion\/","title":{"rendered":"888 Holdings Acquisition of William Hill on Track for September 2021 Completion"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/2Lvc_rfAbi8\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The acquisition of William Hill by 888 Holdings is slated for completion on September 9th, 2021, with the purchasing entity recently releasing new information about the deal.  To guarantee a seamless merger, 888 Holdings has named Guy Cohen as Senior Vice President and Head of Integration.  Cohen, intimately familiar with 888\u2019s consumer base, will answer directly to Chief Executive Officer Itai Pazner and collaborate closely with William Hill\u2019s executive team.<\/p>\n<p>Full consummation of the agreement is anticipated in the first quarter of 2022, contingent upon a handful of remaining approvals, such as clearance from competition regulators and gaming commissions. 888 has stated that all requisite authorizations have been obtained.<\/p>\n<p>To fund this substantial acquisition, 888 is procuring roughly \u00a3500 million (equivalent to $668.1 million) through the issuance of new stock. This represents a crucial step that must be finalized before the acquisition can proceed.<\/p>\n<p>Furthermore, 888 requires the UK Financial Conduct Authority\u2019s endorsement for the relisting of its common stock, and the London Stock Exchange must give the go-ahead for trading to recommence on the primary market. Lastly, William Hill is undergoing internal restructuring, dividing its UK and US businesses, which constitutes another prerequisite for the acquisition\u2019s successful completion. <\/p>\n<p>888s Chief Executive, Itai Pazner, conveyed his enthusiasm for the agreement, declaring it will establish a worldwide online wagering and gaming leader. This newly formed entity will be unrivaled in size, possess advanced technology, and provide a varied range of products. He stressed the remarkable growth path, fueled by an assemblage of renowned brands.<\/p>\n<p>Pazner also underscored Cohen\u2019s addition to the executive team, viewing it as proof of their dedication to this transformative action. He is confident that capitalizing on the extensive knowledge and skills from both organizations will significantly advantage the unified group.<\/p>\n<p>Lastly, Pazner communicated his contentment with the accomplishment of several crucial stages in the acquisition procedure.  Due to the considerable headway achieved, they project concluding the transaction in the initial quarter of 2022. He finished by expressing his eagerness for the prospects that await, arising from the fusion of these two robust and complementary enterprises. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition of William Hill by 888 Holdings is slated for completion on September 9th, 2021, with the purchasing entity recently releasing new information about the deal. To guarantee a seamless merger, 888 Holdings has named Guy Cohen as Senior Vice President and Head of Integration. Cohen, intimately familiar with 888\u2019s consumer base, will answer [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Appoints Guy Cohen to Spearhead William Hill Integration<\/title>\n<meta name=\"description\" content=\"888 Holdings gears up for its acquisition of William Hill, appointing Guy Cohen as SVP and Head of Integration to ensure a smooth transition. 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Cohen will play a key role in bringing the two gaming giants together.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/13\/888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion\/\" \/>\n<meta property=\"og:site_name\" content=\"Stay Informed with Our Comprehensive Casino News &amp; Licensed Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T21:48:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:16:02+00:00\" \/>\n<meta name=\"author\" content=\"Addison &quot;Azalea&quot; Pearson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Addison &quot;Azalea&quot; Pearson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/13\/888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion\/\",\"url\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/2024\/06\/13\/888-holdings-acquisition-of-william-hill-on-track-for-september-2021-completion\/\",\"name\":\"888 Holdings Appoints Guy Cohen to Spearhead William Hill Integration\",\"isPartOf\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#website\"},\"datePublished\":\"2024-06-12T21:48:03+00:00\",\"dateModified\":\"2024-06-17T10:16:02+00:00\",\"author\":{\"@id\":\"https:\/\/50nodepositbonuscasinoextreme.icu\/#\/schema\/person\/cee2a7834940b0e45883123791380e48\"},\"description\":\"888 Holdings gears up for its acquisition of William Hill, appointing Guy Cohen as SVP and Head of Integration to ensure a smooth transition. 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