Bally’s Intralot has agreed to acquire Evoke, the Gibraltar-headquartered owner of William Hill and 888, in an all-share deal valuing the gambling operator at about £243 million ($326 million).
Under the agreement, Evoke shareholders will receive 0.537 new Bally’s Intralot shares for each Evoke share, with a limited cash alternative available. The offer values Evoke at 52p per share, a 77% premium...