Playtech resets Finalto sale shareholder vote, calling competing offer “uncertain”
Playtech has not received answers from Gopher Investments regarding its ultimate shareholding, and source of funds.
Markets.com
Playtech cancels Finalto/Markets.com sale shareholder vote
Playtech will be releasing a new circular, which will include an update to shareholders on the Finalto sale process.
Barinboim Group “welcomes” Playtech shareholder vote delay on Finalto sale
Playtech’s delay of its shareholder vote came about after a late competing bid emerged for Finalto from Gopher Investments.
Playtech postpones shareholder vote on Finalto/Markets.com sale
Playtech wants to “further consider recent developments” including the competing $250 million offer for Finalto by TT Bond Partners.
Press release war erupts between competing Finalto/Markets.com bidders
TT Bond Partners is urging the Playtech Board to cancel the planned shareholder vote next week and to engage more closely with it.
Playtech gets competing $250 million offer for Finalto/Markets.com
Gopher Investments has made a $250M competing offer to buy the Financials division of Playtech, consisting o Finalto and Markets.com.
Playtech sets July 15 shareholder vote on Finalto/Markets.com sale
It will be interesting to see if shareholders rubber stamp the deal – Playtech shareholders have mounted small revolts in the past.
Playtech finalizes $101M sale of Finalto, Markets.com to Barenboim group
Buying Finalto is Zvika Barenboim’s Barenboim Group with backing from Leumi Partners Limited and Menora Mivtachim Insurance.
Playtech takes €221M impairment charge for Finalto as sale looms
Finalto’s revenues of €87.3 million in H1 2020 declined by over 60% to €34.6 million in H2 2020.
Exclusive: Elena Christodoulou moves from Tickmill to Markets.com to cover DACH region
The Cyprus based Elena Christodoulou had been Country Manager – Germany for Tickmill for the past four years.
