Aborted acquisition of bwin.party leads to $14.6 million in costs for 888 Holdings LeapRate

March 22, 2016 BY Maria Nikolova

Aborted acquisition of bwin.party leads to $14.6 million in costs for 888 Holdings

It is no secret that realm of mergers and acquisitions is harsh and risky, associated with high expenses in case things go wrong... A recent example is provided by 888 Holdings Public Limited Company (LON:888) which abandoned the bidding race for bwin.party in September last year, incurring some heavy exceptional costs associated with this move. According…

November 13, 2015 BY Maria Nikolova

GVC, bwin.party shareholders to vote on acquisition proposal on December 15th

Shareholders in GVC Holdings PLC (LON:GVC) and bwin.party Digital Entertainment Plc (LON:BPTY), owner of CFD and spread betting broker InterTrader, will vote on the proposed $1.7 billion acquisition of bwin.party at meetings to be held on December 15, 2015. The boards of GVC and bwin.party announced today that the circular in relation to the Scheme of…

November 10, 2015 BY Maria Nikolova

Daniel Silvers steps down from bwin.party's Board of Directors

bwin.party Digital Entertainment Plc (LON:BPTY), which is about to be acquired by GVC Holdings PLC (LON:GVC), announced today that Daniel Silvers, a Non-Executive Director, is stepping down from the Board with immediate effect. Mr Silvers was appointed to bwin.party's Board in May 2014 as nominee on behalf of one of the Company's shareholders, SpringOwl Gibraltar…

Tag: bwin.party acquisition