March 15, 2017 BY LeapRate Staff

Teddy Sagi cashes in $138 million of Playtech shares to fund run by ex Goldman Sachs bankers

It looks like someone is making a big bet on Playtech. Online entrepreneur Teddy Sagi has indicated in filings with the London Stock Exchange that he has sold 13 million shares of publicly traded Playtech PLC (LON:PTEC) to the UK arm of Paris based asset manager Boussard & Gavaudan for £113.4 million (USD $138 million). The stake represents about…

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