PokerNews · Nov 12, 2015
GVC Holdings Rejects Offers for Bwin Assets
bwin.party and GVC HoldingsGVC Holdings' £1.1 billion cash-plus-shares takeover of bwin.party Entertainment plc is yet to be approved by shareholders, but the company has already turned down several offers for some of bwin.party's assets, according to an article in the Daily Telegraph.
Kenny Alexander, the chief executive of GVC, revealed the company had received inquiries about the availability of Cashcade, the online gambling marketing company that owns, among other brands, the Getminted.com online casino and FoxyBingo.com websites, bwin's Kalixa payments processing business and its US-facing business.