888 Holdings Acquisition Rumors

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September 6th, 2014
Back 888 Holdings Acquisition Rumors

The Wall Street Journal reported this week that the the Permira private equity group is taking a step toward the acquisition of online gambling group 888 Holdings plc.

Neither company has addressed the rumor.

The publication notes that Permira’s interest in 888 with the British government point-of-consumption licensing and tax changes approaching.

According to the article: "A new licensing and tax regime for online gaming in the UK is clearing the air around the sector, and this makes one of the industry’s biggest players, 888 Holdings plc, a potential buyout target."

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