Bwin.party And G.v.c. Shareholders Approve Acquisition Deal

GBP 1.2 billion merge can go ahead, subject to remaining Scheme Document conditions

Bwin.Party Digital Entertainment and GVC Holdings issued simultaneous statements Tuesday advising the public that their respective shareholders have at separate extraordinary general meetings approved the agreement for the two groups to merge under GVC management.
The statement notes that completion of the acquisition remains subject to satisfaction or waiver of certain other conditions set out in the Scheme Document, including the sanctioning of the Scheme by the Supreme Court of Gibraltar which is scheduled to occur on .
"Subject to receiving the sanction of the Court on that date, the Scheme is expected to become effective on , with admission of the GVC Shares to the Standard Segment of the Official List and commencement of dealings in GVC Shares on the Main Market expected to take place on or around 8.00 a.m. on ," the statement advises.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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