|Bid||1.9700 x 170000|
|Ask||2.0800 x 170000|
|Day's range||2.0200 - 2.0200|
|52-week range||1.8500 - 5.6000|
|Beta (5Y monthly)||0.54|
|PE ratio (TTM)||11.88|
|Forward dividend & yield||0.12 (6.56%)|
|Ex-dividend date||16 Sept 2021|
|1y target est||N/A|
Banks are braced for losses on a £1bn bond and loan deal backing online UK gambling company 888’s takeover of rival William Hill’s operations outside the US, marking the latest debt sale to go awry in volatile markets. Investment banks have incurred steep losses on a string of recent debt sales backing riskier corporate acquisitions as the deals unravel in the face of rising interest rates and increasingly wary investors.
Caesars Entertainment (CZR) announces a revised agreement to sell the non-U.S. assets of William Hill to 888 Holdings Plc.
Betting firm says economic and regulatory changes have impacted the price it is willing to pay