27th Jun 2012 07:00
27 June 2012
bwin.party digital entertainment plc('bwin.party')
Shuffle Master withdraws from Ongame purchase
Sale talks commence with third parties
Further to the announcement on 6 March 2012 regarding the proposed sale of the Group's Ongame poker network to Shuffle Master, bwin.party and Shuffle Master have mutually agreed not to proceed with the proposed transaction.
The sale of surplus assets, including Ongame, remains a core part of bwin.party's strategy. bwin.party is re-engaging with other third parties that have expressed an interest in acquiring Ongame. bwin.party will make a further announcement as and when appropriate.
Contacts:
bwin.party digital entertainment plc
Investors
Peter Reynolds +44 (0) 20 7337 0100
Media
John Shepherd +44 (0) 20 7337 0100
Related Shares:
BPTY.L