Sign In
1 Sep 2015 07:04
1 September 2015
bwin.party digital entertainment plc
('bwin.party')
Offer update
Further to its announcement on 27 August regarding a proposal from GVC Holdings PLC ('GVC'), the Board of bwin.party ('bwin.party') confirms it has also now received a revised proposal from 888 Holdings plc ('888'). This revised proposal is subject to a number of pre-conditions (which can be waived in whole or in part by 888).
The Board of bwin.party is evaluating this proposal, together with that received from GVC, and intends to consult with its key shareholders in the coming days before making a final determination as to which proposal is in the best interests of shareholders. A further announcement will be made in due course.
The Board's unanimous recommendation of 888's offer, which was announced on 17 July 2015, remains unchanged by this announcement. Documentation in respect of this offer was posted to shareholders on 28 August 2015.
Contacts:
bwin.party digital entertainment plc
InvestorsPeter Reynolds +44 (0) 20 7337 0177Media
Jay Dossetter +44 (0) 20 7337 0134
Follow the stocks
