Investors in online gambling giant bwin.party digital entertainment plc, owners of the partypoker brand, received positive news earlier this week when the company released its pre-close trading update to the London Stock Exchange.
After the reception of a court approval of the scheme of arrangement of the acquisition of bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, by GVC Holdings PLC (LON:GVC), the companies ...
When I last wrote about the gambling sector back in February, I felt that consolidation was in the air. I mentioned that two players, GVC Holdings (LSE: GVC) and Playtech (LSE: PTEC), had openly stated that they were on the hunt for targets.
... dealings in GVC shares on the Main Market expected to take place February 2nd 2016. Shares in GVC Holdings plc (Co. Data) (AIM:GVC) were trading at 412.50 pence per share in London Tuesday, while shares in bwin.party digital entertainment plc (Co.
888 Holdings Plc agreed to buy Bwin.party Digital Entertainment Plc for 898.3 million-pounds ($1.4 billion) in cash and shares, winning over the online gaming company that's been at the center of a takeover battle.
GVC Holdings Plc indicated that it's ready to increase its offer for Bwin.party Digital Entertainment Plc, saying it will do everything possible to win a tussle with 888 Holdings Plc for the online gaming company.
... excellent track record of growing revenues and turning around under-performing assets and the GVC Board is highly confident that a positive vote at the EGM on 15 December 2015, to approve the proposed acquisition of bwin.party digital entertainment ...