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Numis suggests bwin.party twice as valuable if broken up

21st July 2014 9:48 am GMT

Shares in online gaming operator bwin.party gained 2.84 per cent Friday after Numis Securities issued a note suggesting that the company's constituent parts could be sold off at twice the value of the company's current market capitalisation.

"It is hard to carry on trusting that good fortune is going to turn bwin.party around," Numis said in the note. "The alternative would be to crystalise value by selling off some of the Group’s assets."

The broker identified a [...]

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