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Bids, Mergers and Takeovers

bwin.party comment on GVC proposal

07 August 2015 10:48

bwin.party digital entertainment has issued a statement following the earlier announcement today made by GVC Holdings.

It confirms that bwin.party is working closely with GVC and its advisers with a view to progressing certain aspects of the GVC proposal to enable that proposal to be evaluated fully by the its Board.

There can be no certainty that an offer will be made by GVC for bwin.party and its directors' unanimous recommendation of the offer from 888 Holdings is unchanged by this announcement.

At 10:48am:

(LON:BPTY) bwin.party digital entertainment PLC share price was +0.2p at 117.3p

(LON:GVC) GVC Holdings Plc share price was -1p at 434p

Story provided by StockMarketWire.com

Related Company: BPTY

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