HBK Investments to contest Caesars’ William Hill acquisition
| By Nosa Omoigui
Investment management fund HBK Investments (HBK) is set to challenge the proposed merger between Caesars and US operator William Hill.
The Scheme Court Hearing date set to finalize the deal has been pushed back a day to March 31 as a result.
Caesars announced earlier this month that it was set to acquire William Hill in a deal worth £2.9bn (€3.39bn/$4.03bn), with the process to be concluded by 1 April – subject to regulatory approval.