Exclusive: Playtech finalizing Markets.com / Finalto sale for $200 million
The acquiring group is made up of Israeli entrepreneur Zvika Barenboim, Bank Leumi, and insurance concerns Menora and Phoenix.
Markets.com
Playtech financials division Finalto has “challenging” 2H-2020
Playtech continues to be in discussions regarding the possible sale of its financials division, Finalto, including the Markets.com brand.
Exclusive: Markets.com hires former IG South Africa head Solomon Gounden
Markets.com has also moved its South Africa operation and headquarters from the coastal city of Durban, to Johannesburg.
Exclusive: TIOMarkets’ Head of Affiliates Eleni Nicolaou moves to Markets.com
Prior to TIOMarkets Eleni Nicolaou also worked in affiliate marketing at FX brokers FXGlobe, BDSwiss, and HotForex.
TradeTech saves Playtech’s 1H-2020 with “exceptional performance”
TradeTech had what an “outstanding period” both before and during the months of the pandemic, with revenues increasing by 123%.
FX week in review: Spain CFD broker ban, TradeTech/Markets.com for sale
Why is Spain all up in arms about UK and Cyprus FX/CFD brokers, to the point where many might be banned? Why is Playtech selling Markets.com?
Markets.com becomes first Retail FX broker to add TipRanks quant investing tool
Markets.com is the first Retail FX and CFDs broker to integrate TipRanks’ Quantitative Strategy Builder onto its platform.
Exclusive: Playtech negotiating TradeTech sale at $200-250 million value
Playtech has apparently engaged investment bank UBS to help coordinate an auction of TradeTech, at a $200-250 million valuation.
Activist investor pushing for DraftKings to buy Playtech
“They should be making a stock-for-stock deal with Playtech… If I were on their board, that’s what I’d be saying.”
Playtech unveils “exceptional performance” at TradeTech in 1H-2020
Playtech reported that in July EBITDA returned to “normalised levels”, thanks to continued good performance at its Financials division TradeTech.
