The European private equity group Permira is rumoured to be interested in purchasing 888 Holdings, which is one of the largest internet gambling groups in Europe.
The Wall Street Journal was the first to report on the subject saying that they have an inside source that was reliable. Both companies have chosen to stay quiet on the subject, which has only stoked the rumour mill further.
It is believed that Permira would be interested in purchasing 888 Holdings, due to the upcoming online gambling changes in the UK. 888 will be one of the controlling companies in the UK online gambling world once the changes have been made.