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bwin.party looks to generate €40m through disposal of assets

29th August 2014 9:51 am GMT

bwin.party chief executive Norbert Teufelberger has revealed that the company will look to earn up to €40m through the disposal of various assets as part of efforts to return the business to growth.

The operator has already started the asset disposal with the sale of its 40 per cent stake in Betbull. The Vienna-based gaming operator yesterday saw its shareholders vote to sell the business to an unnamed third party, with bwin.party to receive a share [...]

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