Playtech stands firm on Finalto sale recommendation

London-listed supplier fails to secure reassurance over Gopher Investments’ $250m bid for financial division

Playtech has reaffirmed its recommendation that shareholders vote to accept a $210m (£148m) bid for its Finalto financial trading division from a consortium led by Tel Aviv-based private equity firm Barinboim Group. Providing an update on 2 August, the Playtech board said it was not in a position to change its recommendation to shareholders despite…

Finalto | Finance | Gopher Investments | M&A | Playtech