Plus500 says deal with Playtech to be terminated if not consummated by end-December LeapRate

November 18, 2015 BY Maria Nikolova

Plus500 says deal with Playtech to be terminated if not consummated by end-December

Following today's announcement from Playtech PLC (LON:PTEC) that the Financial Conduct Authority decision on the proposed £460 million acquisition of Forex and CFD broker Plus500 Ltd (LON:PLUS) is expected in December 2015, meaning another delay, the broker also published a statement. Plus500 says that: The terms of the Merger Agreement are such that it may be…

Playtech expects FCA decision on Plus500 deal in December

Playtech PLC (LON:PTEC), which in June submitted a £460 million acquisition bid for retail CFD and Forex broker Plus500 Ltd (LON:PLUS), today provided another update on how the approval process for the deal is progressing. The company said that expects the Financial Conduct Authority (FCA) decision in connection with the proposed acquisition of Plus500 in December…

Tag: FCA approval

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