Island company clinches £1.1bn deal for Bwin
Bwin - whose brands include Partypoker, Partycasino and Foxy Bingo – had originally agreed to an offer from 888, worth about £900 million, before GVC, which owns Sportingbet, fought back.
Bwin has now abandoned the 888 approach and accepted GVC's £1.1 billion offer, something it said was ‘fair and reasonable’.
Bwin said the GVC deal provided £120m additional value compared with the 888 bid.
Sight Matters Reflects on a Landmark Year and Looks Ahead to Its 90th Anniversary
This is a paid for promotion on behalf of Sight Matters
Port Erin retail: the tale of two halves
What has it been like for businesses there in the run up to Christmas?
Treasury welcomes Bank of England interest rate cut
The cost of borrowing has reached its lowest level since early 2023
Financial Times raises "serious questions" over government due diligence in King Gaming case
Video report scrutinises oversight and background checks, suggesting Isle of Man approach worsened fallout
