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bwin.party wants GVC to clarify 'best terms'

27 August 2015 09:19

bwin.party digital entertainment says key aspects of GVC's proposal have now been addressed to bwin.party's satisfaction.

GVC to clarify the best terms on which it is prepared to make a formal offer for bwin.party. bwin.party. says that while there can be no certainty that an offer will be made by GVC, 888 Holdings has been informed of this development and, if appropriate, will be given due notice in the event that bwin.party proposes to recommend an offer from GVC.

bwin.party says its directors' unanimous recommendation of 888's offer is unchanged by this announcement.

At 9:19am:

(LON:BPTY) bwin.party digital entertainment PLC share price was +0.4p at 114.1p

(LON:GVC) GVC Holdings Plc share price was +1p at 423.5p

Story provided by StockMarketWire.com

Related Company: BPTY

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