bwin.party Board will update shareholders in due course
GVC makes improved proposal to Bwin
The Board of bwin.party has confirmed that bwin.party is working closely with GVC and its advisers with a view to progressing certain aspects of the GVC proposal to enable that proposal to be evaluated fully by the bwin.party Board.
2015-08-07
Reading time 38 seg
The Board of bwin.party has confirmed that bwin.party is working closely with GVC and its advisers with a view to progressing certain aspects of the GVC proposal to enable that proposal to be evaluated fully by the bwin.party Board.
Bwin.party stated its recent recommendation of a rival bid by 888 Holdings was "unchanged" - although that may change in the coming days, and emphasized that there was no certainty that a full offer will be made by GVC
The new GVC deal will offer, in exchange for each Bwin share, 25p in cash and 0.231 new GVC ordinary shares, which based on the closing price of GVC shares on 6 August of 435p, would represent a value of approximately 125.5p per Bwin.party share. GVC said it anticipated that the discussion with Bwin and its advisers "should conclude within the next 5-10 business days". Shares in GVC were up 0.5% to 437p and Bwin up 0.6% to 117p by 11:00 on Friday.
Leave your comment
RELATED NEWS
Brand awareness campaigns only
Google Ads updates gambling policy to allow Alberta operators ahead of regulated iGaming launch
3-4-4-4-3 reel layout
Pragmatic Play launches new slot game ‘Mr Null’s Wicked Wares’ with up to 5,000x wins
COMPANIES
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
NYCE Marketplace
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Upcoming Philippines casino resort
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
May 12–14, Venetian Macao
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
