Latham & Watkins has advised 888 Holdings Plc on its placing that raised gross proceeds of approximately £162.9 million. The proceeds will be used to partially finance the Company’s acquisition of the international (non-US) business of William Hill as announced on 9 September 2022. The acquisition is expected to close in June 2022.

The Latham capital markets team was led by London partner Anna Ngo, with associates Chris Ramsey and Nick Fisher. US securities advice was provided by partner James Burnett, with associates Lyndy Amato and Kaan Ulgen. The Latham London M&A team was led by corporate partner Ed Barnett, together with partner Sam Newhouse and associates Hector Sants and Becky Eaton.