Tag: playtech

Playtech finalto
July 01, 2022 BY Steffy Bogdanova

Playtech confirms Finalto sale will close by mid-July

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…

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Gopher opts out from the acquisition race for Playtech
June 17, 2022 BY Steffy Bogdanova

Playtech gives TTB more time to confirm acquisition offer

TTB Partners can now confirm its intensions to acquire Playtech by 15 July, 5pm. However, the deadline can be further extended if the Panel deems it necessary. TTB Partners initially approached Playtech on behalf of an investor group with a possible acquisition offer in February. The move followed Playtech shareholder vote rejecting the $3.7 billion…

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Playtech finalto
June 15, 2022 BY Steffy Bogdanova

Playtech secures regulatory approvals for the sale of Finalto

The group also detailed that the completion of the deal is a step to simplify its strategy. Playtech shared that it aims to focus on technology-led offering as a pure-play business in the B2B and B2C gambling markets. Meanwhile, Playtech is currently in talks over its acquisition of Gopher’s parent company TTB Partners, group of…

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Gopher opts out from the acquisition race for Playtech
May 20, 2022 BY Steffy Bogdanova

Playtech says TTB should make an acquisition bid by 17 June

Playtech stated: Discussions between the Company and TTB are ongoing and progress continues to be made. There continues to be no certainty that an offer will be made, or the terms on which any offer may be made. Playtech’s CEO, Mor Weizer, and former Director, Thomas Hall have expressed interest in participating in the TTB…

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Gopher opts out from the acquisition race for Playtech
March 24, 2022 BY Steffy Bogdanova

Playtech reports 12% rise in revenue in 2021

Playtech’s CEO, Mor Weizer commented: Our full year results demonstrate the quality of Playtech's technology and the momentum across the Group. Our strong performance is underpinned by our B2B business, in particular the tremendous growth we have seen in the Americas. We have made real progress in the execution of our US strategy, supported by…

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Gopher opts out from the acquisition race for Playtech
February 22, 2022 BY Steffy Bogdanova

Playtech CEO Mor Weizer wants to join TTB Investor Group bid

Acquisition bids The London-listed gaming software company had previously received a £2.7 billion takeover bid from Aristocrat Leisure which fell short of the minimum of 75% votes needed for approval. Two other companies have also expressed interest in Playtech acquisition. Gopher, who recently bought Playtech’s financial division Finalto in a $250 million deal, and JKO…

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Gopher opts out from the acquisition race for Playtech
February 02, 2022 BY Steffy Bogdanova

Playtech shareholder vote does not approve Aristocrat's £2.7 billion bid

Acquisition bids falling through Australian gambling equipment maker, Aristocrat, had made an acquisition offer for Playtech stocks at 680 pence apiece last October. Two other companies also showed interest in Playtech, JKO and Gopher, but they ultimately pulled out of the race. The Hong Kong-based company Gopher recently bought Playtech’s financial division Finalto in a…

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Gopher opts out from the acquisition race for Playtech
January 21, 2022 BY Steffy Bogdanova

JKO withdraws acquisition offer for Playtech

Aristocrat Offer The Board of Directors of Playtech unanimously recommends that the shareholders vote in favour or Aristocrat Leisure’s offer. Playtech’s Court and General Meetings, where the shareholders can vote on the acquisition offer and on the Playtech Resolutions will be held on 2 February 2022. Playtech’s BoD has shared concerns that it still seeking…

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