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Gambling firm GVC to pay 10 euro cents per share special dividend in February

Published 03/11/2016, 07:56
Updated 03/11/2016, 08:00
© Reuters.  Gambling firm GVC to pay 10 euro cents per share special dividend in February
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(Reuters) - Gambling company GVC Holdings Plc (L:GVC) said it intends to pay a special dividend of 10 euro cents per share for financial year 2016 in February next year.

GVC, which bought Bwin for 1.1 billion pounds after a heated bidding war with 888 Holdings Plc (L:888), had said in September that it would resume its dividend payments.

The company, which posted a 12 percent rise in pro forma group daily net gaming revenue for the quarter ended Sept. 30, said it continued to trade positively in the fourth quarter.

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