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UK's Bwin receives revised offer from 888

Reuters - UK Focus

Sept 1 (Reuters) - Online gambling firm Bwin.party Digital Entertainment Plc said it had received a revised offer from 888 Holdings Plc and was evaluating it together with the proposal received from GVC Holdings Plc (Other OTC: GMVHF - news) .

Bwin had earlier accepted 888 Holdings's 900 million-pound offer, saying GVC's offer of 1.03 billion pounds ($1.59 billion) was too complex and the growth prospects were less attractive.

The company, however, invited GVC to present its best formal offer last week. ($1 = 0.6496 pounds)s (Reporting by Aastha Agnihotri in Bengaluru; Editing by Anupama Dwivedi)