12th Nov 2014 12:18
LONDON (Alliance News) - bwin.party digital entertainment PLC Wednesday confirmed it has entered into preliminary discussions with "a number of interested parties regarding a variety of potential business combinations" which may or may not lead to an offer being made for the company.
The confirmation follows media speculation that the company has been approached by Canadian gaming and online gambling company Amaya Gaming Group.
The company noted that all such discussions remain at a preliminary stage, and there can be "no certainty" they will lead to any offer.
Shares in bwin are up 16% at 125.80 pence midday Wednesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
BPTY.L