Bwin.party Digital Entertainment Share Discussion Threads

[hubshank] 28/8/2015 16:01

Maybe BPTY might make a bid for 888! That wold set the cat among the pigeons!

[gotnorolex] 28/8/2015 15:46

GVC have not yet submitted a formal offer from which they cannot retract!

[coxsmn] 28/8/2015 15:24

Why on earth are 888 still bpty's 'preferred' bidder. Unbelievable.

[coxsmn] 28/8/2015 15:24

Why on earth are 888 still bpty's 'preferred' bidder. Unbelievable.

[gotnorolex] 28/8/2015 14:51

I think 888's figures would heighten their resolve to acquire BPTY in order to bolster fading fortunes in sectors other than Casino using Bwins sportsbook and synergies to be had by cross selling poker in the US to take No1 spot in the US ready for inevitable "freedom to roam interstate legislation"!

[hubshank] 28/8/2015 13:55

Do you think that 888's losses would be cause to call upon the break clause? if they are not managing their own business, would they really make a good partner for BPTY?

[gotnorolex] 28/8/2015 13:48

bwin.party 2015 H1 Results Interviews
bwin.party CEO, Norbert Teufelberger and CFO, Martin Weigold, discuss the Group's performance in the first half of 2015.

[gotnorolex] 28/8/2015 13:28

The Battle for bwin.party: Online gambler 888 could up the stakes with raised offer
Friday 28 August 2015 10:37 BST

[gotnorolex] 28/8/2015 08:44

It's clear 888 must acquire BPTY to stem losses from punitive taxes, they may regret bravado in not making a better offer! GVC showing greater enthusiasm to partner BPTY actually need them less to continue to be a success.

[gotnorolex] 28/8/2015 08:15

From Half Year Results.(Nothing new)
On 17 July 2015 the Board announced the terms of a recommended offer from a wholly-owned subsidiary of 888 Holdings plc ('888') comprising a mixture of cash and new 888 shares (the '888 Offer'). Based on the value of 888 shares at yesterday's close, the 888 Offer values each bwin.party share at approximately 104.7p per share, representing a premium of 24.8% to the volume weighted average closing price for the three month period prior to 14 May 2015 (being the last business day prior to the Group's announcement on 15 May 2015 regarding its discussions with third parties in relation to a variety of possible business combinations).

Whilst discussions with GVC are continuing, there has been no change to the Board's recommendation for the 888 Offer and all shareholder documents relating to the 888 Offer are expected to be sent to shareholders shortly. Copies of all documents and further details of the offer including all terms and conditions will then be made available on the Group's corporate website: www.bwinparty.com.

[srpactive] 28/8/2015 08:03

Bpty back in the black, gvc results very good, 888 down 46%.

dyor

regards

ative

[hubshank] 27/8/2015 18:08

Why do they want to string it out so long? Get the info, make a decision and move on. It's not difficult

[gotnorolex] 27/8/2015 14:19

Following a review of key aspects of the proposed GVC Holdings’ £1 billion takeover bid, bwin.party Entertainment governance is reported to have asked the operator to table its best possible offer.
UK business sources have stated that bwin.party governance were satisfied with key conditions attached to GVC proposal. The review of GVC’s takeover bid has been examined with the potential of presenting the bid offer to investors and the board on 1 September.
“Bwin.party has now asked GVC to clarify, with respect to its proposal, the best terms on which GVC is prepared to make a formal offer to acquire all of the issued and to be issued shares in bwin.party,” a Bwin statement said.
With much speculation surrounding its takeover bid for bwin.party assets, GVC this week announced that it had made significant progress in its negotiations. GVC had said on Monday that it expected to resubmit a proposal to the Bwin board in the near future and on the same terms made on Aug. 7.
Noting its vantage point in ongoing negotiations,London analysts and business commentators have stated that it is likely that bwin.party governance will hold out for bid increases from both 888 and GVC in the coming weeks. It is further noted that the operator will look to drag on bid negotiations which have been ongoing since this February, as governance looks to secure the best deal for shareholders. 

hTTtp://www.sbcnews.co.uk/sportsbook/2015/08/27/bwin-party-wants-gvc-holdings-best-offer/#ixzz3k1MndtB9

[hubshank] 27/8/2015 14:07

I would imagine investors waiting for tomorrow's update, plus all the mess in China not helping.

[gotnorolex] 27/8/2015 12:54

BPTY's share price not exactly enamoured by recent GVC's increased dowry enticements!

[gotnorolex] 27/8/2015 11:55

The fierce battle for online gaming company bwin.party entertainment between 888 and GVC is not over.
Despite bwin's board last month recommending a £898.3m offer from 888, GVC appears to still be in with a shout.

[gotnorolex] 27/8/2015 09:28

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.

[gotnorolex] 26/8/2015 09:17

Ladbrokes tanking on the above news after recovering somewhat yesterday.

[gotnorolex] 25/8/2015 18:46

"I believe GVC's bid will improve (and 888's won't) to the point where bwin won't have much of a choice but to accept".
Nice,don't mind that at all Frankie!