Bwin.Party suitor Playtech and shareholder Teddy Sagi consider outbidding Amaya
Bwin.Party Digital Entertainment, the UK-listed online betting company, could be in line for a bid to rival that of Amaya Gaming, the Betaville financial blog reported on 1 December.
The London-listed gaming software company Playtech and Teddy Sagi, its biggest investor, are considering making their own bid, according to unidentified “excellent sources” cited by the blog.
Canada-based Amaya is believed to have signalled it would be prepared to pay 140p per share, a level which Playtech and Sagi may be prepared to surpass, the item reported. It went on to caution that the current “fluid” situation may not result in a deal with Playtech.
The report said an unidentified private-equity house is also eyeing Gibraltar-based Bwin and is preparing a cash-only offer.
Betaville