Business sale turned down
Bwin.party denies break-up
(UK).-Bwin.party has denied in a statement issued to the London Stock Exchange that “there are no plans to break-up or sell the company.”
2014-06-27
Reading time 20 seg
(UK).-Bwin.party has denied in a statement issued to the London Stock Exchange that “there are no plans to break-up or sell the company.”
Instead, the online gaming firm said that its newly appointed chairman Philip Yea is working with the executive management team on ways to “increase shareholder value.”
This news follows earlier reports on Thursday by Bloomberg, who cited two sources, claiming the company had appointed Deutsche Bank to explore a partial or complete sale of the company as part of a strategic review.
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