GVC says Bwin accepts its $1.62 bln offering concluded 888's
By REUTERS
Published: 02:26 EST, 4 Sep 2015 | Updated: 02:26 EST, 4 Sep 2015
e-send
Sept 4 (Reuters) - Online play companion GVC Holdings Plc aforesaid on Friday that Bwin.company Appendage Amusement Plc had acceptable its 1.06-billion-British pound sterling ($1.62 billion) takeover proffer.
GVC's offering of 25 pence in hard currency and 0.231 fresh GVC shares workings kayoed to around 129.64 pence per Bwin share founded on Thursday's finis.
Bwin, which equivalent smaller rivals 888 Holdings Plc and GVC, offers casino, poker, beano and sports betting, had in July undisputed a 900 million-pound off Cash and shares whirl from 888, preferring it to a higher only Sir Thomas More complex volunteer from GVC. ($1 = 0.6560 pounds) (Reporting by Aastha Agnihotri in Bengaluru; Editing by Anupama Dwivedi)
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By REUTERS
Published: 02:26 EST, 4 Sep 2015 | Updated: 02:26 EST, 4 Sep 2015
e-send
Sept 4 (Reuters) - Online play companion GVC Holdings Plc aforesaid on Friday that Bwin.company Appendage Amusement Plc had acceptable its 1.06-billion-British pound sterling ($1.62 billion) takeover proffer.
GVC's offering of 25 pence in hard currency and 0.231 fresh GVC shares workings kayoed to around 129.64 pence per Bwin share founded on Thursday's finis.
Bwin, which equivalent smaller rivals 888 Holdings Plc and GVC, offers casino, poker, beano and sports betting, had in July undisputed a 900 million-pound off Cash and shares whirl from 888, preferring it to a higher only Sir Thomas More complex volunteer from GVC. ($1 = 0.6560 pounds) (Reporting by Aastha Agnihotri in Bengaluru; Editing by Anupama Dwivedi)
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