1 William Hill Shares Rise As Investor Rejects Merger Plan
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William Hill shares rise as investor turns down merger plan
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Shares in William Hill have risen after the betting company's largest shareholder said it would oppose any merger handle Canada's Amaya.

Last weekend William Hill stated it remained in talk with merge with Amaya, which owns poker websites Full Tilt and PokerStars, in a prospective ₤ 4.5 bn bet9ja's welcome offer.
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But Parvus stated the yohaig code merger had "restricted tactical reasoning" and would "destroy investor worth".

Shares in William Hill - a FTSE 250 member - closed up 5% at 314.1 p.
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Parvus stated the yohaig code wagering firm needs to think about other all options to increase investor returns, consisting of a possible sale.
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Ralph Topping, who stepped down in 2014 after eight years as president of William Hill, said he "fully supported" Parvus.
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"When this promotion code bet9ja's welcome offer was announced I was left scratching my head," he told the yohaig code Financial Times, external. Both [Amaya and William Hill] have a lot to arrange out in their own company. I'm very anxious on the future of William Hill."
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Also on the FTSE 250, shares in Man Group jumped 13.7% after the world's most significant noted hedge fund said it was buying financial investment supervisor Aalto, which manages home assets worth $1.7 bn.

Man Group also reported a 6% increase in the value of funds under management during the 3 months to September and stated it prepared a $100m share buyback.

The blue-chip FTSE 100 index rose 35.81 points to 7,013.55. Tesco was the most significant riser, up 4.41% to 203.7 p. The grocery store stated on Thursday night that it had resolved its prices row with provider Unilever. Shares in Unilever were down 0.5%.
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On the currency markets, the pound was trading at $1.2185, down 0.56%, versus the dollar.

Against the euro it was flat at EUR1.1083.
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William Hill in ₤ 4.5 bn merger talks

9 October 2016