Company
LON:RNK
Rank is a leading European gaming business, based in the UK and listed on the London Stock Exchange. The Group's principal activities are the operation of bingo clubs and casinos in the UK with complementary on-line gaming and bookmaking services.
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The FTSE 250-listed firm — which acquired rival bwin.partygaming in a £1bln takeover last year – said its full-year profits would be at the top end of expectations as recent strong trading continued into December.
Having spurned 888 and Rank to bat its eyelashes at Pokerstars owner Amaya, where does William Hill's management turn now?
The bookie said it would continue to focus on its four strategic goals, and it will resume a share buy-back programme.
The two companies are discussing "a merger of equals"
Gaming group's first-half casino revenue rose 31% to US$137.4mln
UK shares closed higher on Tuesday, as miners once again outperformed other stocks, along with housebuilders and grocer Tesco, while the FTSE 250 index headed to May 2015 highs
Any impact from Brexit would be from lower UK growth rates or a loss of consumer confidence..
The big housbuilder Persimmon reports interim results on Tuesday...
Approvals remained ahead of last year in the run-up to the EU membership referendum but what about after it?
London shares closed lower on Friday, as gains proved elusive when a broad-based decline among stocks in metals, mining, and forestry took hold
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William Hill is "in play" but probably out of the price range of its current suitors. Also covered: Antofagasta, BHP, Cairn, Shanta Gold
DIY retailer Kingfisher is set to report and although it is no longer predominantly a UK outfit, the subject of Brexit and its likely effect will be to the fore.
The dust is starting to settle after the EU referendum vote, which should mean companies can have a bit more confidence in forecasting the impact
Rank and 888 have reportedly offered 364p a share for William Hill.
Competition regulator says pair need to dispose of up to 400 betting shops
London shares ended lower on Monday, as the weight of negative economic data finally overwhelmed a market propped up earlier in the session by takeover talk
William Hill gets takeover approach from Rank Group and 888
Also covered: Verizon Communications to merge two internet dinosaurs (AOL & Yahoo!); William Hill mulls 888 & Rank treble; investors hot for Hot Maden; Michelmersh solid as a brick
Archive
A damning report by a group of MPs has hammered Sir Philip Green’s tenure as the boss of BHS, while there’s news of a bid to create a £5bln gambling giant
The Rank Group, which owns the casino chain, has reported a sound start to 2016, although its bingo brand is struggling
