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CATEGORY: SMALL CAPS NEWS     SECTOR: TRAVEL & LEISURE

GVC shares suspended

Tue 16 Oct 2012

GVC - GVC Holdings
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Latest Prices
Name Price %
GVC Holdings 287.50p 0.00%
Sportingbet 0.000p 0.00%
William Hill 440.20p -1.15%
 
FTSE 250 14,377 -0.90%
FTSE 350 3,573 -0.78%
FTSE AIM All-Share 724 -0.10%
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FTSE Small Cap 3,944 -0.08%
Travel & Leisure 6,374 -1.21%
GVC shares suspended LONDON (SHARECAST) - Online gaming firm GVC has requested a temporary suspension of trading today following the agreement of a revised and increased possible offer by GVC and William Hill for Sportingbet.

Trading has been suspended because historic financial information in relation to the parts of the Sportingbet's business which may be acquired by GVC has yet to be extracted from Sportingbet's consolidated accounts, GVC explained a in company statement.

It added that talks are at a preliminary stage and there can be no certainty that they will be concluded successfully.

CJ

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