Finalto’s $250 million sale to Gopher Investments closes
The final consideration for Finalto is subject to a “completion accounts adjustment” of up to $25 million in either direction.
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.
Playtech CEO Mor Weizer might be joining the TTB bid for the company, if it emerges.
The Transaction was already approved by Playtech shareholders during the General Meeting held on 1 December 2021.
The Playtech Board will now form an independent committee excluding Mor Weizer to consider all M&A proposals it receives.
Playtech also confirmed our earlier report that it has been working on a “Plan B” to break up the company and sell its divisions.
Playtech shares are trading more than 18% below Aristocrat’s 680p-per-share cash offer, which goes to shareholder vote tomorrow.
Playtech shareholders are scheduled to vote on Aristocrat’s 680p-per-share, all-cash bid to buy Playtech on February 2.
Ian Penrose, Non-Executive Director and Senior Independent Director of Playtech, has been appointed to the Board of IXUP Limited.
There has been a lot of buying and selling of Playtech stock among the company’s large institutional shareholders over the past few weeks.