Tag Archives: springowl

Daniel Silvers one of the non-executive directors appointed to the board of bwin.party Entertainment by investment fund Springowl has stepped down from the governance position. Silvers exits the bwin.party board having withdrawn from his position as Springowl President. Recommended by bwin.party activist investor Jason Ader CEO of Springowl (owner of 5.1% of bwin.party shares). Silvers had been appointed in May …

Speaking to The Times, 888 Holdings Chairman Brian Mattingley stated that he remains confident that his firm would win in its pursuit of bwin.party Entertainment, against the increased takeover bid of GVC Holdings. Mattingley who replaced Executive Chairman Richard Kilsby in May, told The UK newspaper that he expects a clean and fair fight for bwin.party operations, as GVC increased …

New York activist investor Jason Ader has suggested that GVC Holdings Plc will need to increase its 122.5p per share offer in order to succeed in its takeover bid for bwin.party Entertainment. Ader’s investment fund Springowl, which owns 5.2% of bwin.party, has stated that GVC Holdings and its bid backer Cerberus Capital Management will need to up its offer to …

Bwin.Party is close to selling its social gaming business and is in continuing merger talks with other parties. In a pre-close trading update, the firm revealed that it is in ‘active discussions’ regarding the sale of Win, the group’s social gaming business, and that it expects to make a further announcement shortly. The company had announced a huge expansion into …

Having reported a revenue decrease of 7% in their H1 2014 interim results, bwin.party Chief Executive Norbert Teufelberger and company Chairman Philip Yea outlined key criteria for the operator’s recovery. The company directors pinpointed to a restructuring of bwin.party senior management, with a view to bring in fresh ideas and new approaches which will aid the operator in saturated markets. …

Amid business rumours that igaming operator bwin.party were looking to sell various business assets of their igaming network, bwin.party senior management issued the below statement to quash the rumours. “Since his appointment as Chairman last month, Philip Yea has been working with the executive management team on ways in which the Group can increase shareholder value, however we can confirm …

bwin.party announced the appointment of Daniel Silvers as Non-Executive Director. The appointment of Daniel Silver came after last month’s announcement of board changes for the operator. Silvers currently serves as president of activist investor SpringOwl, as well as on the board of directors of India Hospitality Corp. Silvers has prior gambling experience having served on the board of directors for …

Activist Investor Spring Owl, the investment vehicle that acquired 5.3% stake in igaming operator bwin.party , put fourth their selection of board representatives it feels will drive the operators performance forward. Spring Owl, headed by  investment and equity banker Jason Ader are currently the operators second largest investor after purchasing its bwin.party shareholdings at the start of 2014. Spring Owl’s …