TIMELINE-Conflict for Bwin: GVC, 888 engage a dictation war
By REUTERS
Published: 15:15 GMT, 7 Lordly 2015 | Updated: 15:15 GMT, 7 Grand 2015
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Aug 7 (Reuters) - Play accompany Bwin.Political party Integer Amusement Plc, which set itself up for sale, has get the topic of a dictation war.
GVC Holdings Plc, whose extend for the troupe was off downward in favor of a nonpareil from touch 888 Holdings Plc , has double semen vertebral column with higher offers.
All eyes are today on Bwin to examine what it decides and whether 888 volition get back with a higher whirl.
Following are or so of the keystone developments in the long-running saga:
May 5, 2014 - American militant investor Jason Ader claims musical accompaniment for Bwin.Party shake-up to undertake what he describes as a continuing refuse in the occupation.
May 22, 2014 - Bwin.party agrees dish out with investor on circuit card changes.
June 26, 2014 - Bloomberg reports company considering marketing itself or section of the fellowship as partially of a strategic review, citing two sources.
June 26, 2014 - Bwin.Party says no plans to happy chance up or trade fellowship.
July 15, 2014 - Bwin announces advance toll cuts to assistance it to encounter its targets for the class.
Oct 10, 2014 - Britain's plans to make for licensing and revenue of online gambling companies under UK hold got the viridity sparkle on Friday when a woo dismissed a accumulation challenge to the motility.
Nov 12, 2014 - Bwin says in ahead of time dialogue with of parties o'er a "variety of potential business combinations", which could solvent in an offering being made for the unshakable.
Jan 30, 2015 - Bwin says Modern EU Value-added tax rules to offend 2015 revenue, cashflow
March 11 - Bwin says dialogue astir merchandising totally or role of its concern has become to a greater extent good.
March 21 - Online gaming companion GVC Holdings' CEO tells Reuters that "something like" touch Bwin.political party would be of sake.
May 15 - GVC Holdings says it has submitted a bidding for larger competition Bwin.Political party.
May 17 - The Sun Times reports British online play companion 888 Holdings is to ca-ca a putsch approaching for rival Bwin.Company.
May 18 - 888 Holdings says it has submitted a proposal to grease one's palms Bwin.Company in hard currency and shares.
May 18 - Reuters reports GVC Holdings is preparing to induce a 1.5 1000000000000 euro ($1.7 billion) offer up for Bwin.Party in partnership with Canada's Amaya Inc, citing a rootage close down to the affair.
May 19 - Gambling business firm GVC teams up with Canada's Amaya for Bwin.Party bid
May 21- Bwin.Party says it expects in approaching weeks to "reach a conclusion" as discussions with suitors enrol a newly present.
July 8 - GVC Holdings offers to bargain Bwin.Company for nearly 900 one thousand thousand pounds ($1.39 billion), the Fiscal Times reports.
July 9 - Bwin.Party says GVC Holdings offered to bargain it in a hard currency and banal get by valued at 908 billion pounds ($1.4 billion)
July 17 - 888 clinches a Cash and buy in cope to steal Bwin.political party Digital Charles Frederick Worth all but 900 million pounds ($1.4 billion).
July 21 - GVC says it is considering its options regarding Bwin, simply thither is no sure thing it volition score a unexampled crack.
July 27 - GVC Holdings returns with a new 1 billion-pound ($1.55 billion) offer for contender Bwin.party.
Aug 7 - GVC Holdings raises offering to corrupt Bwin.political party Digital to 1.03 zillion pounds ($1.6 billion). (Compiled by Aastha Agnihotri in Bengaluru)
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