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BPTYTue, 17th Nov 2015 12:52
By Neil Maidment LONDON, Aug 27 (Reuters) - Online gambling company Bwin.party has asked GVC Holdings to table its best offer for the business after the duo addressed key concerns over the suitor's latest 1 billion pound ($1.55 billion) approach. GVC looked to have lost the race for B
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* Paddy Power agrees merger with betting exchange Betfair * New group poised to be UK market leader online * Taxes and regulation drive wave of gambling mergers (Adds details, quotes) By Neil Maidment and Padraic Halpin DUBLIN/LONDON, Aug 26 (Reuters) - Betfair and Irish
Read more** Possible Betfair-Paddy Power 5 bln stg merger a bad bet for rivals ** Merger could create one of the world's largest online betting and gaming groups with estimated revenue of over 1.1 bln stg ** William Hill and Ladbrokes both down more than 5 pct; worst performers on the FTSE 250
Read more(ShareCast News) - Online gambling operator GVC Holdings claims it has made "significant progress" in bid talks with larger rival Bwin.party after rumours emerged it had increased its proposed offer for the company last week. Bwin confirmed that discussions on "certain aspects" of the proposal w
Read moreAug 24 (Reuters) - British online gambling firms GVC Holdings Plc and Bwin.party Digital Entertainment Plc said on Monday that they continued to be in talks regarding the terms of GVC's offer for Bwin. GVC said it expected to resubmit a proposal to Bwin.party board in the near future and o
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