William Hill shares rise 20% after report on Apollo bid method

© Reuters. A brand sign is displayed outside a William Hill betting shop in London

LONDON (Reuters) – shares in William Hill (L 🙂 rose over 20% on Friday after a news report from Bloomberg said the UK bookmaker was approached by private equity firm Apollo Global Management (N 🙂 about a possible acquisition.

Representatives from William Hill and Apollo Global Management did not immediately respond to a request for comment.

At 1156 GMT, William Hill stock rose 19% to 259.3 pence.

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