William Hill is set to join forces with NYX Gaming Group to launch a £300 million (€388 million/$434.9 million) takeover bid for OpenBet.
According to the UK’s Telegraph newspaper, William Hill will provide the financial backing for NYX’s bid for the software provider.
Vitruvian Partners acquired OpenBet five years ago after opting to back a £208 million management buy-out of the company.
However, private equity owner Vitruvian recently announced that it was to make OpenBet available to any interested parties.
William Hill and NYX have so far declined to comment on the reports.
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