William Hill owner Evoke considers sale or breakup after budget tax rises

Value of heavily indebted company has plummeted more than 90% since it bought chain of 1,400 bookmakersBusiness live – latest updatesEvoke, the FTSE-listed gambling company that owns William Hill and the 888 online casino brand, has said it is considering a sale or breakup of the group, after warning of a £135m hit from tax increases announced in last month’s budget.In a statement to the stock market, the heavily indebted company said it had appointed bankers at Morgan Stanley and Rothschild to explore potential options to secure its future. Continue reading...