Top William Hill investor Parvus rejects any Amaya deal: Reuters
A leading hedge fund investor in British betting company William Hill Plc, Parvus Asset Management, said it would oppose any reverse takeover of Canadian company Amaya Inc, given its "limited strategic logic," Reuters reported. Amaya and William Hill confirmed this week that they are in talks about combining in a merger of equals. Parvus said a deal would "destroy shareholder value" and wanted William Hill to pursue alternative options.
13 October 2016•3 mins read
