commit 8d6b4c64c113f995964743c1b557591d1e6008ec Author: rosellabertie Date: Sun Oct 19 20:58:19 2025 +0800 Add Online Betting Company Bwin Accepts GVC Takeover Bid 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..73123b1 --- /dev/null +++ b/Online-Betting-Company-Bwin-Accepts-GVC-Takeover-Bid.md @@ -0,0 +1,26 @@ +[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
Online betting [company](https://gitea.gm56.ru/bertbgq6257302) Bwin accepts GVC takeover quote
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4 September 2015
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Online wagering business Bwin has accepted a ₤ 1.1 bn takeover [bet9ja's welcome offer](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) from GVC Holdings in preference to [competing](https://git.student.rea.ru/eusebiamack060) bidder, 888 [Holdings](https://gitea.clintmasden.duckdns.org/terrellzuniga6).
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Bwin had actually [originally accepted](https://wikisofia.cz/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) a deal from 888, worth about ₤ 900m, but GVC, the owner of Sportingbet, battled back.
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Bwin - whose brands consist of Partypoker, Partycasino and Foxy Bingo - stated GVC's deal was "reasonable and reasonable".
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Bwin chairman Philip Yea said in a company video that shareholders were divided about abandoning the 888 deal.
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"There was a pretty even split 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 money and 0.231 brand-new GVC shares comes to almost 130p per Bwin.party share based on Thursday's closing rate.
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Reducing costs
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Bwin stated the GVC offer provided ₤ 120[m extra](https://x.com/YohaigNG/status/1845872747924123782) value compared with the 888 bid.
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The business said they were likewise swayed by greater anticipated savings and [GVC's performance](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) history of acquisitions, such as that of [Sportingbet](https://gitlab.ui.ac.id/kurtisstandley) in 2013.
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Earlier today it was reported that GVC was prepared to introduce a hostile bid for Bwin.
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The 888 board confirmed it had actually withdrawn from the bidding procedure saying it can not see sufficient value in Bwin to increase its [bet9ja's welcome offer](https://working.altervista.org/employer/kc-gaming-networks-ltd/).
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Stricter policies are pushing online gaming [companies](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/viewtopic.php?id=5624423) to merge to try and [minimize running](https://git.vekus.ru/ezequielizn332) costs.
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Size is also seen as [crucial](https://systemcheck-wiki.de/index.php?title=YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) to guarantee competitiveness in an online market buoyed by [the yohaig code](https://worldaid.eu.org/discussion/profile.php?id=1117945) use of tablets and [mobiles](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR).
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Shares in Bwin, increased in early trading in reaction to the news, however have since fallen.
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[GVC shares](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=186025&item_type=active&per_page=16) closed down by nearly 4%. Meanwhile 888 shares closed up by 0.31%.
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[GVC declines](https://vila.go.ro/berthamaness5) to give up on Bwin quote
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7 August 2015
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GVC ups stakes in Bwin bidding 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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