The company added:
All regulatory approvals have been received and the completion statement will be finalised in accordance with the Sale and Purchase Agreement.
Gopher has agreed to acquire Finalto in an all-cash offer of $250 million. Playtech’s shareholders voted to approve the transaction in December after they rejected another acquisition proposal by a Barinboim Group-led consortium.
A step to simplify its strategy
As Playtech primarily focuses on online gambling platforms. The company decided to sell its financial division Finatlo, which manages retail trading brands like Markets.com in order to simplify its business strategy.
Meanwhile, Playtech is in talks with Goher’s parent TTB Partner for a possible acquisition. Following months of negotiations, the two companies have not yet reached an agreement with deadline set as 15 July. The London-listed company’s shareholders previously rejected a £2.7 billion takeover offer by Australia’s Aristocrat Leisure.
