Online gaming operator GVC Holdings PLC (LON:GVC) today announces the appointment of Liron Snir to the newly created role of Chief Product Officer. Liron Snir, former Vice President of Product and Strategy of Playtech PLC (LON:PTEC), is considered as an expert in the online gaming sector having worked in the industry for 16 years. As…
Read moreAfter the reception of a court approval of the scheme of arrangement of the acquisition of bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting services provider InterTrader, by GVC Holdings PLC (LON:GVC), the companies confirmed today that the deal is completed. GVC said it now owns the entire issued ordinary share capital…
Read moreKalixa Payments Group, part of bwin.party Digital Entertainment Plc (LON:BPTY), is set to receive a one-off payment of approximately €10 million ($10.9m) from the sale of Visa Europe to Visa Inc (NYSE:V). The €21.2 billion acquisition of Visa Europe by Visa Inc was agreed on November 2, 2015. As one of Visa Europe's Principal Members,…
Read moreThe first draft prospectus has been submitted to the UK Listing Authority. If the final document is posted in November 2015, as expected, and regulatory approvals are received, the deal should completed in early 2016.
Read moreAfter bwin.party recommended an offer by GVC earlier today, 888 Holdings dropped the war, saying it does not see sufficient value in bwin to revise its bid.
Read more"In recommending the Offer from GVC, the Board has taken into account many factors including, but not limited to, the headline value per share and the consideration being offered”, said Philip Yea, Chairman of bwin.party.
Read moreThe bidding war for online gaming group bwin.party is officially on, with GVC Holdings having submitted a revised proposal last month and 888 now changing its offer.
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