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 […]
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 […]
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 […]