Britain's biggest bookmaker William Hill has confirmed it is in talks about a joint offer for gambling firm Sportingbet.
William Hill, which has around 2300 betting shops and accounts for around one-quarter of the market, is considering bidding for the firm with European gaming company GVC.
Sportingbet, which was previously a bid target for Ladbrokes, saw its shares surge 16% as speculation around the talks unfolded.
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