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GVC Holdings offers new bid for bwin.party; sans Amaya Gaming- Updated_1
After speculating another offer might be in the works last week, GVC Holdings started this week off strong, sending in a proposal to acquire bwin.party for $1.55 billion. An offer was accepted by the board of bwin.party Digital Entertainment from 888 Holdings, but now it seems GVC might be back in the game.
Bwin was first put up for sale in 2014 and just recently accepted an offer by 888, on online casino and poker firm; subject to shareholder and regulatory approval. The deal was worth close to 900 million pounds and was slightly less than the competing bid by GVC, who was working wi…