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Online gambling firm GVC bids for bigger rival Bwin.Party

May 15, 2015 admin 98-00-pence, 99-70-pence, digital, including-one, kevin-halpern, officer-travis, pence-at-1422, personal-data, said-if-bwin, said-on-friday, shares-were, state, vehicle-near

Sports betting and gaming company GVC Holdings Plc said it had submitted a bid for bigger rival Bwin.Party Digital Entertainment Plc, which put itself up for sale last year. Bwin’s shares were up 9.6 percent at 98.00 pence at 1422 GMT (10.22 a.m. ET) on Friday.