Forex Weekly Look Back: Finalto caught in a press release fight over acquisition, PrimeXM opens Singapore data centre LeapRate

July 09, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Finalto caught in a press release fight over acquisition, PrimeXM opens Singapore data centre

Macrobond, provider of global economic, aggregate financial and sector data for finance professionals, revealed that Stockholm-based Erik Penser Bank is using Macrobond to deliver critical data and modelling tools to interpret market events. Erik Penser Bank’s asset managers mine financial, corporate, sustainability and macroeconomic data to help from their allocation strategies and tailor solutions for…

July 09, 2021 BY Steffy Bogdanova

The consortium urges Playtech shareholders to vote in favour of the sale of Finalto

If the shareholders turn down the consortium’s offer, the lengthy evaluation and regulatory approval process would have to be repeated, putting Finalto in uncertainty for many months. The consortium also reminded that according to the terms of the Sale and Purchase Agreement, in such a case “Playtech will be required to pay the Consortium a…

July 08, 2021 BY Steffy Bogdanova

Gopher Investments reaffirms its offer for Finalto

The statement said: Gopher is an investment vehicle backed by investors with experience in gaming and financials, and is an affiliate of TT Bond Partners (TTB). TTB, through its Hong Kong regulated entity, TTB Partners Limited, which is advising Gopher on this transaction, is an investment and advisory firm based in Hong Kong, whose founders…

July 05, 2021 BY Steffy Bogdanova

Gopher Investments offers to buy Playtech’s Finalto for $250 million

The announcement further explained that Gopher Investments’ proposed valuation represents a 47% premium to the consortium and a 35% premium to the guaranteed consideration of that offer. According to the official announcement, Gopher Investments urged Playtech’s shareholders to vote against the Consortium’s offer. Gopher added that “Finalto’s attractive growth prospects are not fairly reflected in…

Tag: Gopher Investments