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.
Buying Finalto is Zvika Barenboim’s Barenboim Group with backing from Leumi Partners Limited and Menora Mivtachim Insurance.
The acquiring group is made up of Israeli entrepreneur Zvika Barenboim, Bank Leumi, and insurance concerns Menora and Phoenix.
Playtech has apparently engaged investment bank UBS to help coordinate an auction of TradeTech, at a $200-250 million valuation.