That’s not the only reason to bet big on Caesars, though. The pair are already joint venture partners in the burgeoning American sports betting market, and Caesars has dropped a bombshell about the tie-up, threatening to end it if William Hill is bought by anyone else, including Apollo, of course. […]
bidding
The most competitive property markets where bidding wars are pushing up prices
The mini-boom in the property market has sparked frenzied competitive bidding in Scottish and Northern hotspots. In some places, 66pc of sales agreed in August were subject to bids from at least three buyers, according to Hamptons International estate agents. In others, agents have reported homes selling for 40pc over […]
Three-horse race as National Lottery bidding kicks off
Bidders are understood to have consolidated into three main groups. The Sunday Telegraph revealed in 2019 that Sir Richard Branson and Mr Komarek’s Sazka Group were among a slew of interested parties. While the Virgin Group founder ruled himself out earlier this year, Czech lottery tycoon Mr Komarek has bolstered its team by hiring Flint […]
Oracle enters bidding fray for social video app TikTok
Brief: Oracle is in talks to buy parts of TikTok, the social video app that faces the possibility of being banned in the U.S. because of national security concerns, according to media reports. The business software giant is working with U.S. venture capital firms including General Atlantic and Sequoia Capital […]
UK wins bidding war for satellite firm OneWeb
The UK’s bid to buy satellite operator OneWeb has won at an auction in New York, The Telegraph can reveal. Britain was bidding for OneWeb, which hopes to build a rival to GPS and the EU’s Galileo, with backing from Indian telecoms billionaire Sunil Mittal’s Bharti Enterprises. The UK bid […]