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GVC to introduce “enhanced entrepreneurial culture” to bwin.party

4th September 2015 8:03 am GMT

London-listed online gaming operator GVC has set out its plans to restructure and reinvigorate the bwin.party business following today’s acceptance of its acquisition offer by the bwin.party board.

GVC expects to achieve savings of up to €125m per annum for the enlarged group by the end of 2017 against one-off costs of approximately €60m, 95 per cent of which will be incurred by the end of 2016. This, the company said, will enable it to resume dividend [...]

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