The party is still on at Bwin...

It looks like Bwin Party Digital Entertainment is still talking to potential buyers despite some news outlets claiming a few weeks ago negotiations had collapsed and the deal was off.

In this morning's full-year results statement, Bwin Party Digital Entertainment says:

A revealing question: is Permira also punting on Bwin?

Apologies for a headline that posits a question. The problem is Betaville's best sources are certain Permira is the private equity firm that is taking a look at Bwin.party Digital Entertainment. However, people familiar with the private equity firm have tried to pour cold water on the tale, denying the buy-out shop has any interest in the online gaming company. Talk about awkward.

A quick recap for readers unfamiliar with this particular situation: Bwin confirmed last month it is in talks with various unnamed parties about a potential deal and Deutsche Bank is managing the strategic review.

Never say its quiet...

Typical. I mentioned it was unusually quiet in the UK corporate dealmaking scene in a post this morning and a couple of hours later my rivals unearth a cracking scoop.

Anyway, Bwin.Party Digital Entertainment confirmed at lunchtime that it has entered into talks with companies interested in buying, or merging with, the online gaining group.