Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1676
    +0.0019 (+0.17%)
     

  • GBP/USD

    1.2493
    -0.0018 (-0.14%)
     

  • Bitcoin GBP

    51,118.43
    -582.66 (-1.13%)
     

  • CMC Crypto 200

    1,383.71
    -12.82 (-0.95%)
     

  • S&P 500

    5,106.31
    +57.89 (+1.15%)
     

  • DOW

    38,272.37
    +186.57 (+0.49%)
     

  • CRUDE OIL

    83.62
    +0.05 (+0.06%)
     

  • GOLD FUTURES

    2,349.80
    +7.30 (+0.31%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Rank Group, 888 drop pursuit of rival William Hill

Reuters - UK Focus

Aug 18 (Reuters) - Casino and bingo hall operator Rank Group Plc and online gambling company 888 Holdings Plc have withdrawn their proposal to combine with rival British bookmaker William Hill Plc (Frankfurt: 633847 - news) .

Rank Group and 888 said on Thursday they had not been able to meaningfully engage with William Hill's board and did not intend making an offer.

William Hill spurned the consortium's initial 3.16 billion-pound ($4.1 billion) cash-and-shares proposal, saying it "substantially undervalued" the business. It rejected a revised takeover proposal on Monday, saying it continued to see no merit in engaging with the consortium. (Reporting by Pranav Kiran in Bengaluru; editing by Susan Thomas)