Evoke reviews strategic options, including potential sale or break-up
Evoke said it has begun a review of strategic options, including a possible sale of the group, assets or business units, or a split. The company appointed Morgan Stanley and Rothschild as joint financial advisers. The review follows a period of financial pressure and UK tax changes, while Evoke has also announced plans to close 200 William Hill betting shops.
Evoke’s strategic review could lead to a sale, asset disposals or a split after financial pressure and UK tax changes.