Updates with details from paragraph 2

June 5 (Reuters) - William Hill UK owner Evoke EVOK.L said on Friday it had agreed to be acquired by Bally's Intralot S.A. BYLOTr.AT in a recommended all-share deal valuing the betting company at about £243.1 million ($326.23 million).

Intralot’s offer values the British bookmaker at 52 pence per share, a 33.8% premium to the stock’s closing price before Evoke confirmed discussions with the Greek lottery and gaming firm.

Additional terms include an all-share structure and a partial cash alternative capped at about £117 million.

Private lenders led by TPG Credit, alongside Oaktree and OHA, have committed about £889 million to refinance Evoke’s existing debt and support the deal.

($1 = 0.7449 pounds)