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BUZZ-Bwin.Party: boosted by solid update, deal conclusion expectations
** Online gambling co Bwin.Party up c.4 pct aftersolid trading update, & as co says it expects conclusion totakeover talks in 'coming weeks'
** Co reports better-than-expected Q1 margins, helped bycareful cost management; revenue fell 6 pct YoY; Peel Huntanalyst Nick Batram sees nothing in the figures that "wouldfrighten off any potential suitors"
** Co says discussions with suitors enter a new stage
** Bwin at centre of takeover battle between at least twobidders: smaller peer 888 & a partnership between GVC & Canada's Amaya (RM:aashika.jain.thomsonreuters.com@reuters.net)
Latest GVC News
- DIRECTOR DEALINGS: GVC CEO Pledges Shares As Security For Bank Loan
17 Aug 2020 - UK BROKER RATINGS SUMMARY: Goldman Cuts Bunzl To Neutral From Buy
17 Aug 2020 - UK BROKER RATINGS SUMMARY: Citi Cuts Domino's To Sell From Neutral
14 Aug 2020 - LONDON MARKET CLOSE: FTSE 100 Lags As Brexit Worries Return
13 Aug 2020 - TOP NEWS: GVC Holdings Withholds Dividend After Hard First Half
13 Aug 2020 - LONDON MARKET OPEN: Watches Of Switzerland Ticks Along Nicely
13 Aug 2020 - UPDATE 1-Ladbrokes owner profit slips but online betting surges
13 Aug 2020 - UPDATE 2-Ladbrokes owner H1 profit dips but outlook upbeat on online betting surge
13 Aug 2020
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GVC.L News
DIRECTOR DEALINGS: GVC CEO Pledges Shares As Security For Bank Loan
DIRECTOR DEALINGS: GVC CEO Pledges Shares As Security For Bank Loan
UK BROKER RATINGS SUMMARY: Goldman Cuts Bunzl To Neutral From Buy
UK BROKER RATINGS SUMMARY: Goldman Cuts Bunzl To Neutral From Buy
UK BROKER RATINGS SUMMARY: Citi Cuts Domino's To Sell From Neutral
UK BROKER RATINGS SUMMARY: Citi Cuts Domino's To Sell From Neutral
LONDON MARKET CLOSE: FTSE 100 Lags As Brexit Worries Return
LONDON MARKET CLOSE: FTSE 100 Lags As Brexit Worries Return
TOP NEWS: GVC Holdings Withholds Dividend After Hard First Half
TOP NEWS: GVC Holdings Withholds Dividend After Hard First Half
LONDON MARKET OPEN: Watches Of Switzerland Ticks Along Nicely
LONDON MARKET OPEN: Watches Of Switzerland Ticks Along Nicely
UPDATE 1-Ladbrokes owner profit slips but online betting surges
(Adds details on earnings, CEO quote)Aug 13 (Reuters) - Ladbrokes owner GVC said on Thursday it would not pay an interim dividend after it reported ...
UPDATE 2-Ladbrokes owner H1 profit dips but outlook upbeat on online betting surge
* H1 online gaming revenue up roughly 20%* Overall EBITDA slips 5% to 348.6 million pounds* Interim dividend scrapped* Forecasts FY profit of 720-740 ...
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