Business
June 15, 2022
Playtech Clears the Final Hurdle for Its Sale of Finalto
Renowned gambling software development company Playtech announced this Wednesday that it had received the necessary regulatory approvals to complete the sale of its financial trading division Finalto to Hong-Kong-based Gopher investments. Playtech shareholders approved the $250 million cash-only sales in December 2021, and the companies hope to close the deal by the end of June […]
Business
September 30, 2021
Playtech Confirms Finalto $250M Sale to Gopher
Playtech has confirmed that it is divesting its financial trading division Finalto through a definitive agreement between Gopher Investments and the company. Gopher Investments should acquire the division for the sum total of $250 million in cash and the deal now enjoys the full approval of Playtech’s board, citing shareholder interest and the company’s general […]
Business
January 26, 2021
Playtech in Advanced Talks to Sell Finalto for $200M
Finalto, Playtech’s financial arm, may soon find a new home as the company is in advanced talks to sell what it considers a non-core asset for at least $200 million. Playtech Confirms Intention to Sell Finalto Starting the week, Playtech confirmed that it has entered into exclusive talks with a consortium to sell its financial […]