After all the trials and tribulations of the past few years, the falling revenues and declining profit, the strategy u-turns, the departing players and the redundant managers, who would have thought that bwin.party would be the subject of a bidding war?
It was only in June last year, when bwin.party denied it was planning to sell. Just two months later chief executive Norbert Teufelberger accepted the inevitable and put the company up [...]