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Business
November 22, 2021
Gopher Walks Away From Potential Playtech Acquisition
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]
Business
November 8, 2021
Gopher to Challenge Aristocrat Over Playtech Acquisition
Australian slot machine firm Aristocrat Leisure may have to bid for the acquisition of the London-listed gambling software group Playtech as Hong Kong-based Gopher Investments considers putting more money on the line. Gopher Challenges Aristocrat Playtech originally agreed to be acquired by Aristocrat in October when the Australian firm proposed a $3.64 billion deal. However, […]
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
August 5, 2021
Playtech Board Unsatisfied with Gopher’s Response over Finalto Deal
Playtech released an official response to Gopher Investments’ statement regarding the sale of Finalto, reaffirming its recommendation to shareholders to approve the bid of the Consortium led by the Barinboim Group. Consortium Bid Still Recommended by the Board Playtech confirmed the Board’s stated strategy to simplify the company’s business with a swift disposal of Finalto, […]