(Sharecast News) - William Hill UK owner Evoke on Friday said it had accepted a £243m takeover offer from Bally's Intralot, sending shares in the company surging by 14%.

Under the terms of the deal Evoke investors will get 0.537 new Intralot shares for every Evoke share they hold, representing a value of 52p per Evoke share based on Intralot's share price of €1.12.

Reporting by Frank Prenesti for Sharecast.com