Bwin.Party confirms potential takeover talks
May 15, 2015 3:22 pmVideo
Latest News
- Crash on Wall Street: Inflation vs. Rate Cut April 11, 2024
- Forecast for EUR/USD on April 11, 2024 April 11, 2024
- Forecast for GBP/USD on April 11, 2024 April 11, 2024
- Forecast for USD/JPY on April 11, 2024 April 11, 2024
- Outlook for GBP/USD on April 11. The pound collapsed by 200 pips, but still remained flat April 11, 2024
- Outlook for EUR/USD on April 11. The buyers waved a white flag April 11, 2024
- The market rushed the Fed and was sorely mistaken April 11, 2024
- The June issue can be considered a closed case April 10, 2024
- Dollar spreads its wings April 10, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 10-15, 2024: sell below $69,000 (3/8 Murray – bullish wedge) April 10, 2024
- Is there a possibility of no Fed rate cuts this year? – Special Report April 10, 2024
- Technical Analysis – Citigroup stock pulls back ahead of earnings April 10, 2024
- Trading Signals for Ethereum (ETH/USD) for April 10-15, 2024: sell below $2,364 (3/8 Murray – symmetrical triangle) April 10, 2024
- EUR/USD and GBP/USD: Technical analysis on April 10 April 10, 2024
- Technical Analysis – USDJPY flies to new 34-year high April 10, 2024
- Technical Analysis – AUDCAD rebounds strongly from uptrend line April 10, 2024
- Banks Q1 earnings: Weak results despite stock outperformance – Stock Markets April 10, 2024
- Forex forecast 04/10/2024: EUR/USD, NZD/USD, USD/CAD and Oil from Sebastian Seliga April 10, 2024
- Technical Analysis – EURCHF eases slightly after 1-year peak April 10, 2024
- GBP/USD on April 10. USD does not rely on traders’ support April 10, 2024
Online gaming firm BWin.Party (BPTY.L) has confirmed it has recently received several merger proposals including to many peoples surprise an attempt at takeover from AIM listed GVC Holdings to merge with its much bigger brother.
Spokesman from BWin.Party (BPTY.L) confirmed that negotiations were continuing with “a number of third parties on a variety of possible business combinations”. Although the comment did come with the note of caution that none of the current discussions may result in a solid offer for the company.
Shares in BWin.Party (BPTY.L) have been under pressure this year after 2 potential buyers already pulled out of discussions earlier in the year, and its poker business continues to struggle due to a decline in regulated online poker markets, forcing the company to report a full year loss in March.
It is also reported that company has been fighting several legal battles with potential suitors including William Hill, Ladbrookes and US Firm Apollo Global.
Shares in BWin.Party (BPTY.L) were up nearly 12% in todays trading finishing around 100p on the day.
Related Posts: