GVC says Bwin accepts its $1.62 bln whirl terminated 888’s
By REUTERS
Published: 07:26 GMT, 4 Sept 2015 | Updated: 07:26 GMT, 4 September 2015
Sept 4 (Reuters) – Online play companionship GVC Holdings Plc aforesaid on Fri that Bwin.party Digital Amusement Plc had acceptable its 1.06-billion-pound ($1.62 billion) putsch extend.
GVC’s proffer of 25 pence in Cash and 0.231 New GVC shares kit and caboodle verboten to nigh 129.64 pence per Bwin percentage based on Thursday’s closing.
Bwin, which wish smaller rivals 888 Holdings Plc and GVC, offers casino, poker, beano and sports betting, had in July acceptable a 900 million-Pound cash and shares declare oneself from 888, preferring it to a higher simply to a greater extent composite offering from GVC. ($1 = 0.6560 pounds) (Coverage by Aastha Agnihotri in Bengaluru; Redaction by Anupama Dwivedi)
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