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BPTYMon, 11th Jan 2016 15:42
* GVC raises offer to 1.03 bln pounds from 1 bln * Bwin has accepted 888 Holdings's 900 mln pounds offer * Bwin could GVC offer to coax higher 888 bid-analyst (Adds analyst comment, 888 no comment, details around synergies, updates share movement) By Esha Vaish and Aastha Agni
Read moreAug 7 (Reuters) - Gambling company Bwin.Party Digital Entertainment Plc, which put itself up for sale, has become the subject of a bidding war. GVC Holdings Plc, whose offer for the company was turned down in favour of a one from rival 888 Holdings Plc , has twice come back with higher offe
Read more(Corrects paragraph 4 of July 27 story to say that the company has cut costs, not struggled with cost savings) * GVC makes 122.5p/share offer for Bwin * Says Cerberus Capital to provide 400 mln-euro loan * Cost savings to exceed 135 mln euros per annum By Aastha Agnihotri
Read more(ShareCast News) - GVC Holdings has begun talks with larger competitor Bwin.party over a new, fully-funded takeover proposal at 125.5p per share, with reports claiming its equity placing to raise cash for the deal was oversubscribed. Bwin.party quickly responded that it was "working closely" with
Read moreAug 7 (Reuters) - Online gambling company GVC Holdings Plc raised its offer for rival Bwin.party Digital Entertainment Plc to 1.03 billion pounds ($1.6 billion), hoping to pry the company away from 888 Holdings Plc . GVC's offer, its third, of 125.5 pence per shares - 25 pence in cash and
Read more(ShareCast News) - Credit Suisse upgraded Bwin.party Digital Entertainment to 'neutral' from 'underperform' and raised the price target to 110p from 80p, saying it's now very likely a deal will take place with 888 Holdings. CS said 888's proposal makes strategic sense. "We believe that focus on cos
Read more(ShareCast News) - Lonmin led the miners lower on the FTSE 250 after a downgrade from HSBC hurt the platinum producer's shares. HSBC downgraded the stock to 'hold' from 'buy' and slashed its price target to 82p from 222p. The bank said medium-term earnings and EBITDA estimates are substantially lowe
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