Pressure mounts on Playtech as Hong Kong fund bids $250m for Finalto

Gopher Investments raises the stakes and urges Playtech shareholders to vote against previously agreed sale of non-core financial division

Playtech has been put in a difficult position after Hong Kong-based private equity firm Gopher Investments went public with its $250m bid for the supplier’s Finalto financial division. Playtech has already struck a deal to sell Finalto, formerly known as TradeTech, for $210m (£148m) to a consortium led by Tel Aviv-based private equity and venture…

Finalto | Finance | Jason Ader | M&A | Playtech | Strategy