Eddie Jordan group withdraws from Playtech acquisition race
The Eddie Jordan group emerged as a potential bidder for online gaming and financial services company Playtech in late November.
The Eddie Jordan group emerged as a potential bidder for online gaming and financial services company Playtech in late November.
Playtech shareholders are expecting a higher offer, with its shares closing Tuesday at 739.46p – 9% above Aristocrat’s price.
The January 12 shareholder vote is set to approve the 680p-per-share all cash bid for Playtech made by Aristocrat Leisure Ltd.
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.
Initially committed lenders to Aristocrat, UBS and Goldman Sachs, will transfer a portion of their commitment to Citi.
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.