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Evoke PLC shares jump 16% after agreeing £243m takeover by Bally's Intralot

Market News
05 Jun 2026
Proactive Investors
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Bullish
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Evoke PLC, owner of William Hill, 888, and Mr Green, agreed to a £243 million all-share takeover by Bally's Intralot, boosting its shares by 16%. The deal values Evoke at 52p per share with a partial cash option and is backed by private equity firms committing £889 million to support the acquisition and refinance Evoke's £1.86 billion debt. The takeover follows strategic reviews amid UK gambling duty changes and financial pressures from previous acquisitions. Bally's Intralot aims to create a leading European gaming business by combining Evoke's brands with its technology and data strengths.

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