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Bwin backs out of 888 buyout in favour of higher bid. Online casino and poker firm 888 Holdings wins a takeover battle for rival Bwin.party in a cash and stock deal valued at about £898m. The online gambling company 888 Holdings agreeing to acquire its larger rival in a deal worth 893.3 million pounds, or about $1.4 billion. Bwin is evaluating a counter-proposal from 888, as reports suggest GVC is now ahead in the bidding to acquire the global online gaming company. [LONDON] 888 Holdings Plc said it made a proposal Bykus Bahis to buy Bwin.party Digital Entertainment Plc, entering a contest with GVC Holdings Plc for. Upon completion of the deal bwin.party non-executive director Liz Catchpole will join the 888 board, while long-serving Burning Slot CEO Norbert Teufelberger.

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