The battle over bwin.party Group's future is not over yet. That's because GVC Holdings Plc jumped back into the game and raised the stakes with a £1 billion (approx. $1.55 billion) offer. The bid came a little over a week after the board of bwin.party announced their intention to accept a £898.3 million ($1.4 billion) offer from 888 Holdings.
"The directors of GVC note the recent press speculation concerning a potential proposal by the Company to acquire bwin.party digital entertainment plc that has followed the Company's announcement on 21 July 2015 that the GVC Board is considering the Company's options regarding bwin.