London-listed gaming operator GVC Holdings has made a 110 pence per share bid to acquire the entire share capital of bwin.party digital entertainment, with the two companies agreeing to work towards finalising the offer.
The board of bwin.party said in an announcement Thursday that it has considered the bid by GVC and believes it can accrue benefits for its shareholders through a combination of the two companies.
bwin.party and GVC said they are committed to working together [...]