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bwin's non-exec director steps down

Tue, 10th Nov 2015 08:44

(ShareCast News) - Daniel Silvers has stepped down from bwin.party's board of non-executive directors, the online gaming group said on Tuesday.Earlier this year, Silvers announced he would leave SpringOwl Asset Management to pursue commercial interests elsewhere. As a result of his decision, he chose to vacate the role of non-executive director he had held since May 2014 on behalf of SpringOwl Gibraltar, one of bwin.party's shareholders."We remain strong supporters of the bwin.party board and of the pending transaction with GVC Holdings," said Jason Ader, chief executive of SpringOwl Asset Management"Given the current timetable, we are not currently nominating a successor for appointment to the bwin.party board ahead of the completion of the recommended offer from GVC that is expected to take place in early 2016."bwin shares were up 0.55% to 112.51p at 0859 GMT on Tuesday.

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26 Aug 2015 08:55

UPDATE 2-Gambling firms Betfair and Paddy Power set for $7.8 bln tie up

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BUZZ-British online betting co's: Dealt a bad hand on Betfair-Paddy Power deal

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24 Aug 2015 10:20

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24 Aug 2015 07:19

GVC and Bwin.Party confirm bid talks over rumoured bigger offer

(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

24 Aug 2015 06:49

GVC Makes New Bid For Bwin.Party As It Seeks To Derail 888 Deal (ALLISS)

24 Aug 2015 06:36

GVC, Bwin confirm talks to iron out offer details

Aug 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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