The £2.9bn gambling merger is expected to take effect in the second half of 2021

Investment banks Barclays, Citigroup, PJT Partners and Deutsche Bank are set to share in up to £165m in fees for their work on the acquisition of gambling firm William Hill by Caesars Entertainment.

The four banks are set to share in the fee and expenses pot along with other advisers on the £2.9bn takeover of UK bookmaker William Hill by US casino giant Caesars, according to documents published on 26 October.

Barclays, Citi, PJT and Deutsche set to share in £165m fee pot for William Hill takeover

James Booth

Barclays

Citigroup

Caesars Entertainment

PJT Partners

William Hill

Blackstone Group

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