Online sports betting and gaming group GVC has reportedly offered just over £900m to buy larger rival Bwin.party Digital Entertainment. According to people familiar with the matter cited by the Financial Times, the GVC offer values shares in Bwin at around 110p a share and is comprised of split cash
Read more** Online gambling firm Bwin.Party down c.5 pct, one of the top percentage losers on the FTSE 250 midcap index ** Financial Times reported on Tuesday that GVC Holdings has offered about 900 million pounds for Bwin ** Deal value lower than analysts' average expectation of around a bil
Read moreEuropean Commission president Jean-Claude Juncker has said "we have a Grexit scenario prepared in detail" as leaders urged Athens to present a new proposal in the next few days, according to The Guardian. GVC has teamed up with Amaya to offer £900m for Bwin.party in an attempt to see off rival bidd
Read more(Adds details) July 8 (Reuters) - Online gambling firm GVC Holdings Plc , which has a presence in the Greek market through a partner, said it had seen a fall in player activity in that territory. The company said it was too early to forecast whether this would have a material effect o
Read moreJuly 8 (Reuters) - Sports betting and gaming company GVC Holdings Plc has offered to buy bigger rival Bwin.Party Digital Entertainment Plc for about 900 million pounds ($1.39 billion), the Financial Times reported on Tuesday. GVC's offer is comprised of cash and stock and values Bwin.Party'
Read more-- Source link: (http://on.ft.com/1flErGn) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read moreMid-caps staged a recovery on Monday, as insurance, financial services and travel stocks put in a strong performance and investors kept their fingers crossed for a short term funding deal in Greece. As of 3:00 BST, the FTSE 250 was trading 1% higher at 17,883. Hospital operator Spire Healthcare jum
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