From 7ab10d90eb7c80a3906810f24cd4bedf69e793db Mon Sep 17 00:00:00 2001 From: gabrielgreatho Date: Sun, 19 Oct 2025 18:30:49 +0800 Subject: [PATCH] Add 'Online Betting Company Bwin Accepts GVC Takeover Bid' --- ...g-Company-Bwin-Accepts-GVC-Takeover-Bid.md | 26 +++++++++++++++++++ 1 file changed, 26 insertions(+) create mode 100644 Online-Betting-Company-Bwin-Accepts-GVC-Takeover-Bid.md diff --git a/Online-Betting-Company-Bwin-Accepts-GVC-Takeover-Bid.md b/Online-Betting-Company-Bwin-Accepts-GVC-Takeover-Bid.md new file mode 100644 index 0000000..2020745 --- /dev/null +++ b/Online-Betting-Company-Bwin-Accepts-GVC-Takeover-Bid.md @@ -0,0 +1,26 @@ +
Online betting business Bwin accepts GVC takeover quote
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4 September 2015
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Online betting Bwin has accepted a ₤ 1.1 [bn takeover](https://dev.neos.epss.ucla.edu/wiki/index.php?title=User:CarrolSpeight0) deal from GVC Holdings in [preference](https://gitlab.tu-dortmund.de/leonardkidd162) to rival bidder, 888 Holdings.
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Bwin had actually [initially consented](http://baylan.la.asu.edu3000/zenaidawillshi) to a deal from 888, worth about ₤ 900m, but GVC, the owner of Sportingbet, battled back.
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Bwin - whose [brands consist](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) of Partypoker, Partycasino and Foxy Bingo - stated GVC's deal was "fair and affordable".
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Bwin chairman [Philip Yea](https://systemcheck-wiki.de/index.php?title=Benutzer:CharlinePratt) stated in a [company](https://gitlab.cranecloud.io/clarabosch8916) video that [investors](https://systemcheck-wiki.de/index.php?title=Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) were divided about [abandoning](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) the 888 deal.
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"There was a quite even divided of those that expressed views one way or the other. But we also had a significant block of shares that mored than happy to support the board on its considerations,"
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GVC's deal, external of 25p in cash and 0.231 new GVC shares concerns nearly 130p per Bwin.party share based upon Thursday's closing cost.
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Reducing expenses
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Bwin stated the GVC deal provided ₤ 120m extra worth compared with the 888 bid.
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The company stated they were likewise swayed by greater anticipated savings and GVC's track record of [incorporating](https://working.altervista.org/employer/kc-gaming-networks-ltd/) acquisitions, such as that of Sportingbet in 2013.
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Earlier [this promotion code](https://gitea.clintmasden.duckdns.org/terrellzuniga6) week it was reported that GVC was prepared to release a hostile quote for Bwin.
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The 888 board validated it had withdrawn from the [bidding procedure](https://x.com/YohaigNG/status/1845872747924123782) saying it can not see sufficient worth in Bwin to increase its [bet9ja's welcome offer](http://ysx.myds.me:3005/ronnysnoddy476).
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Stricter guidelines are [pressing online](https://rentry.co/50815-unlock-bet9jas-league-free-bets-the-yohaig-promotion-code-advantage) gambling business to merge to try and decrease running [expenses](https://viewcast.altervista.org/@muoishade82761?page=about).
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Size is also viewed as crucial to make sure competitiveness in an online market buoyed by the use of tablets and mobiles.
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Shares in Bwin, increased in early trading in action to [the yohaig code](https://harry.main.jp/mediawiki/index.php/YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) news, however have given that fallen.
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GVC shares closed down by almost 4%. Meanwhile 888 shares closed up by 0.31%.
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[GVC declines](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) to [bet9ja's welcome offer](http://ysx.myds.me:3005/ronnysnoddy476) up on Bwin bid
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7 August 2015
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GVC ups stakes in [Bwin bidding](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5) war
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27 July 2015
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888 in takeover approach for Bwin
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18 May 2015
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Bwin.party
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GVC Holdings
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888 Holdings
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