The final consideration for Finalto is subject to a “completion accounts adjustment” of up to $25 million in either direction.
The transaction was already approved by Playtech shareholders during Playtech’s General Meeting of Shareholders held on December 1, 2021.
The Transaction was already approved by Playtech shareholders during the General Meeting held on 1 December 2021.
With the acquisition of Finalto, Gopher will become a major player in both the B2C and B2B ends of the FX and CFDs industry.
Gopher said its decision re Playtech has no bearing on its agreement to acquire Playtech’s financial trading division, Finalto.
And things just got a little bit hotter at Playtech. But, in a good way for Playtech shareholders. After coming […]
Playtech has set a shareholder vote for Wednesday, December 1 to approve the planned $250 million sale of Finalto.
The UK’s Panel on Takeovers and Mergers will announce the deadline by which Gopher must clarify its intentions in relation to Playtech.
Gopher Investments has approached Playtech about a competing £3 billion takeover offer for the entire company.
The new offer or Finalto from Gopher ends up being more than $30 million above the original sale price to Zvika Barinboim.