Tag Archives: GVC Capital

GVC Holdings ups bwin.party takeover bid to £1 billion

SBC News GVC Holdings ups bwin.party takeover bid to £1 billion

Following last week’s announcement that it would consider its options regarding its acquisition bid for bwin.party entertainment, GVC Holdings has tabled a £1 billion takeover offer to snatch the operator from 888 Holdings. Having ended its bwin.party special purpose acquisition vehicle with Toronto Listed Amaya Inc which offered an initial£908 million for the operator. GVC has secured deal funding for …

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