Tag: AvaTrade acquisition

December 08, 2015 BY Maria Nikolova

Playtech's appeal against CBI decision on AvaTrade deal is successful

Playtech PLC (LON:PTEC) has just provided an update regarding its appeal against the Central Bank of Ireland (CBI) decision to oppose the planned acquisition of retail Forex broker AvaTrade. Playtech said that the appeal was allowed by the Irish Financial Services Appeals Tribunal, with the consent of the CBI, on the grounds of error in the…

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November 23, 2015 BY Maria Nikolova

Playtech's proposed acquisition of AvaTrade gets called off

A hectic day on the Forex M&A front, and a very heavy day for Playtech PLC (LON:PTEC)... After Playtech announced a termination of its agreement with Plus500 Ltd (LON:PLUS) earlier today, the company saw another proposed acquisition – that of CFD and Forex broker AvaTrade, called off. Playtech's Board has just announced that the shareholders of…

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