William Hill has entered into an agreement to purchase 4.7 per cent of outstanding shares in MRG.
The move follows on from the UK bookmaker’s £272m offer to acquire MRG, the operator of the Mr Green brand, back at the end of October.
The acceptance period for that offer is expected to commence around 10 December 10, 2018, ending around January 11, 2019. An offer document is expected to be made public shortly before the commencement of the acceptance period, with settlement expected to begin around January 17, 2019.
The latest agreement relates to 1,913,266 outstanding shares in MRG, valued at SEK69 (£5.88) each.
