Bwin.party in talks over potential business combinations
Bwin.party shares jumped after it confirmed speculation that it has started discussions with various parties about potential business combinations.
Bwin.party Digital Entertainment
124.00p
16:49 28/01/16
The FTSE 250-listed company said the talks may or may not result in an offer being made.
"Further to recent media speculation regarding a possible bid for bwin.party, 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," a statement from the group read.
"As all such discussions remain at a preliminary stage, there can be no certainty as to whether or not they will result in any form of transaction with any party."
Bwin.party shares climbed 12.06% to 120.80p by 1:06.