Exclusive: Finalto promotes Stanislav Bunimovich to COO of B2B business
Stanislav Bunimovich joined CFH/Finalto in 2013 and was named Head of Client Services for the company in 2019.
Stanislav Bunimovich joined CFH/Finalto in 2013 and was named Head of Client Services for the company in 2019.
Playtech said in its latest release that discussions with Gopher remain ongoing about a sale of Finalto.
Finalto’s new offering is designed to slot seamlessly into the client’s existing infrastructure, without NDFs’ common headaches.
The Barinboim group believes that Gopher Investments’ interest in Finalto will be unveiled as “not genuine”.
The restrictions on Playtech from engaging with the other bidder for Finalto – Gopher Investments – are no longer in place.
Playtech continues to recommend the lower Barinboim offer, as the Gopher bid is “uncertain in terms of its deliverability”.
Playtech may have received interest in Finalto from other potential acquiring parties since the date of the adjournment.
Playtech has not received answers from Gopher Investments regarding its ultimate shareholding, and source of funds.
Playtech said that it expects to publish a supplementary circular in the coming days regarding the Finalto sale process.
Playtech will be releasing a new circular, which will include an update to shareholders on the Finalto sale process.