London-listed online gaming operator 888 Holdings has made a bid to acquire the entire share capital of rival bwin.party digital entertainment.
The company said Monday that the board of directors believes that there is “significant industrial logic in a combination of 888 and bwin.party”.
888 has bid for the entire issued and to be issued share capital of bwin.party, payable in cash and 888 shares. It did not disclose the total value of the bid.
The proposed transaction [...]