(PRESS RELEASE) -- Caesars Entertainment, Inc. announced the closing of the sale of the non-U.S. assets of William Hill to 888 Holdings Plc. After the repayment of debt and other working capital adjustments, Caesars received net proceeds of $730 million. Caesars intends to use the net proceeds to reduce outstanding indebtedness.
Deutsche Bank and Linklaters LLP represented Caesars on the transaction.