Tag Archives: JP Morgan

The Wall Street Journal (WSJ.com) has reported that the private owners of German focused sports betting operator Tipico Ltd are preparing to sell the company The Malta operated online betting firm, whose key target markets are Germany and Austria is reported to have appointed JP Morgan and Rothschild as deal advisers, who will begin to sound out options. The news source further …

UK newspaper The Times has reported that London AIM listed operator GVC Holdings is considering an increase to 130p per share for its takeover bid of bwin.party Entertainment. The reported bid increase, would represent GVC’s third attempt at luring bwin.party away from bid leader 888 Holdings, who have offered a takeover deal valued at £908 million. On 7 August, reacting …

The syndication of 888 Holdings $650 million leveraged loan for the takeover of bwin.party Entertainment has been put on hold by investment banks Barclays and JP Morgan. The financial institutions are said to be waiting for further clarity on the M&A process, following a new bid of 125.5 pence per share deal (bid sum £1.03 billion) by bid competitor GVC …

Lottery and gambling technology provider GTECH SpA has announced that it has entered a $2.6 billion five year senior facilities agreement with a syndicate of twenty banks in order to finalise its acquisition of International Game Technology (IGT). The financing agreement will provide GTECH SpA with a $1.4 billion multi-currency credit facility.  The corporation have also been granted a further …