BRIEF-GVC Holdings says submitted proposal with a view to acquire Bwin.Party

Tue May 19, 2015 2:26am EDT
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May 19 (Reuters) - GVC Holdings Plc

* Statement re. Press speculation

* Notes recent press speculation

* GVC has submitted a proposal with a view to group acquiring entire issued and to be issued share capital of Bwin.Party Digital Entertainment Plc

* There can be no certainty that submission of this proposal will lead to company's proposal being selected as a proposed acquirer of Bwin.Party or, in turn, completing an acquisition

* Statement re. Press speculation

* Confirms that execution of this proposal would be jointly financed by GVC and Amaya, Inc. ("Amaya") Source text for Eikon: Further company coverage: [GVC.L BPTY.L AYA.TO]