Tag Archives: 888 Holdings

Online gaming operator 888 has promoted Chief Operating Officer Itai Frieberger to the position of CEO, a move that has seen Executive Chairman Brian Mattingley move into a non-executive role with immediate effect. Frieberger has been Chief Operating Officer of 888 since 1 April 2011 and joined the Board on 13 May 2015. Mattingley commented: “We are delighted to announce the …

UK newspaper The Daily Telegraph has reported that 888 Holdings is seeking for regulatory approval in order to finalise the appointment of current Chief Operations Officer Itai Frieberger as its new company leader. 888 corporate governance has requested all core market authorities to review the appointment of Frieberger as new Chief Executive, a best practice process which could take months …

888 Holdings online bingo brand Wink Bingo has announced the launch of digital magazine Winkly. The bingo operator states that it is the first magazine for “true bingo lovers”. The Winkly magazine will be hosted on URL winkly.winkbingo.com and is accessible to all bingo enthusiasts. Wink Bingo’s marketing team stated that the magazine would feature unique content and editorial such …

UK newspaper The Independent has reported that the decision by bwin.party Entertainment governance to accept the £1.1 billion takeover offer by GVC Holdings has been thrown into fresh doubt as both operators have suffered declines in their share prices. The newspaper details that the total worth of the cash and shares deal for bwin.party now matches the bid value of …

Having pulled out of the bwin.party Entertainment takeover race last Friday, 888 Holdings Chairman Brian Mattingley has told the Financial Times that the company is still on the lookout for further acquisitions. The 888 Chairman further stated that the operator was “not a target” within the consolidating igaming sector which has seen significant M&A activity in 2015. Mattingley noted that …

Following this morning’s announcement by bwin.party Entertainment governance, that it had selected GVC Holdings £1.1 billion takeover offer over its prior bid of £908 million, 888 Holdings governance has publicly announced that it has withdrawn from acquisition discussions. The withdrawal sees 888 ends its deal co-operation agreement (accepted on 17 July) with bwin.party governance. In a short statement, 888’s board concluded that …

bwin.party Entertainment governance has accepted GVC’s £1.1 billion takeover offer, in preference of bid competitor 888 Holdings £908 offer. Following a review by bwin.party on the conditions of GVC’s cash and shares offer valued at 125.5p per share, bwin.party governance will now push to clear GVC bid as the best offer for its shareholders. Bwin.party Chairman Philip Yea said in …

In its battle to win the takeover of bwin.party Entertainment from GVC Holdings, 888 is preparing to up its cash and shares offer for the operator in response to last week’s announcement that bwin.party governance would review the conditions of GVC’s bid. The increased bid by 888 Holdings has been made, despite bwin.party governance recommending its £908 million offer to …

Following yesterday’s announcement that the governance of bwin.party Entertainment were reviewing the conditions of GVC’s 122.5p per share takeover bid (value -£1.1 billion). 888 Holdings has stated that it remains confident in its offer of £908 million trumping GVC’s increased bids. 888 governance had noted that it was aware of the review undertaken by bwin.party, however the board continues to believe …

Following a review of key aspects of the proposed GVC Holdings’ £1 billion takeover bid, bwin.party Entertainment governance is reported to have asked the operator to table its best possible offer. UK business sources have stated that bwin.party governance were satisfied with key conditions attached to GVC proposal. The review of GVC’s takeover bid has been examined with the potential …