bwin.party digital entertainment Offer Update (5925X)
01 Settembre 2015 - 8:04AM
UK Regulatory
TIDMBPTY TIDM888 TIDMGVC
RNS Number : 5925X
bwin.party digital entertainment
01 September 2015
1 September 2015
bwin.party digital entertainment plc
('bwin.party')
Offer update
Further to its announcement on 27 August regarding a proposal
from GVC Holdings PLC ('GVC'), the Board of bwin.party
('bwin.party') confirms it has also now received a revised proposal
from 888 Holdings plc ('888'). This revised proposal is subject to
a number of pre-conditions (which can be waived in whole or in part
by 888).
The Board of bwin.party is evaluating this proposal, together
with that received from GVC, and intends to consult with its key
shareholders in the coming days before making a final determination
as to which proposal is in the best interests of shareholders. A
further announcement will be made in due course.
The Board's unanimous recommendation of 888's offer, which was
announced on 17 July 2015, remains unchanged by this announcement.
Documentation in respect of this offer was posted to shareholders
on 28 August 2015.
Contacts:
bwin.party digital entertainment plc
Investors
Peter Reynolds +44 (0) 20 7337 0177
Media
Jay Dossetter +44 (0) 20 7337 0134
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 01, 2015 02:04 ET (06:04 GMT)
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