Exclusive: Stavros Anastasiou named CEO of Markets.com
Prior to joining Safecap / Markets.com in 2016 Stavros Anastasiou was Chief Compliance Officer at FxPro.
Prior to joining Safecap / Markets.com in 2016 Stavros Anastasiou was Chief Compliance Officer at FxPro.
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 the General Meeting held on 1 December 2021.
Joe Rundle was most recently CEO at Markets.com. He also previously held senior leadership positions at ThinkMarkets and ETX Capital.
With the acquisition of Finalto, Gopher will become a major player in both the B2C and B2B ends of the FX and CFDs industry.
Playtech said in its latest release that discussions with Gopher remain ongoing about a sale of Finalto.
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.