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GVC and Bwin.Party deal complete

2016-08-26 13:10:37

This week, announced it has suspended trading shares at the London Stock Exchange. This decision comes in light of GVC’s acquisition of the company.

GVC beat off competition from Gibraltar-based 888 Holdings, which showed immense interest in buying, and had been engaged in talks with the casino game provider.

In July, 888 Holdings and had settled for a sum of approximately £898.3m, which would have seen the company take full ownership of This sum, however, was shortly thereafter outbid by GVC.