GVC beats 888 in race to takeover bwin

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GVC, owner of several gaming brands including Sportingbet, have beaten off competition from 888 Holdings to secure bwin.party entertainment. The deal, which was announced Friday, will see GVC pay £1.1bn (€1.5bn or $1.7bn) in cash-and-shares for the gaming business. It was widely reported that 888 had secured bwin.party back in July, however GVC did not… Read more »