This week has not seen much interest from investors with regard to the sale of Bwin.Party Digital Entertainment.
The company revealed that it was in discussions with companies over a "variety of potential business combinations, which could result in an offer being made for the company” but has been hush hush on the issue as the industry buzzes with speculation that Amaya Gaming and Playtech could be among the interested parties.
UK finance publication, This Is Money reported a rumored cash bid of approximately 150p a share by Amaya, who purchased PokerStars and Full Tilt in June for $4.9 billion making it the world’s largest online gambling group where Bwin would make a nice addition.
jade
10 years ago
Super Hero
Bwin.Party Digital Entertainment is just like any other organization. Always trying to increase an organizations bottom line is an ongoing process involving a multiple of areas. Rumors will always be a part of that process. Even when they are just rumors and no truth is involved they stimulate interest that can lead to...
Bwin.Party Digital Entertainment is just like any other organization. Always trying to increase an organizations bottom line is an ongoing process involving a multiple of areas. Rumors will always be a part of that process. Even when they are just rumors and no truth is involved they stimulate interest that can lead to a deal of some kind down the line. Are the rumors true. Does it matter.
Show morePlease enter your comment.
Your comment is added.