Bwin.Party Digital shares soar over 10 per cent after it confirms takeover talks
Shares in FTSE-listed Bwin.Party soared over 10 percent on Wednesday afternoon, after the online gambling company confirmed it was in early talks that could result in an acquisition offer.
In a bulletin entitled "media speculation" it said:
The Board of bwin.party confirms that it has entered into preliminary discussions with a number of interested parties regarding a variety of potential business combinations with a view to creating additional value for bwin.party shareholders. Such discussions may or may not result in an offer being made for the Company.