London-listed gaming operator and solution provider Playtech has sold its stake in the financial trading platform Plus500, raising gross proceeds of approximately £176m.
Playtech announced the sale of its stake on Thursday as Plus500 confirmed that its founders had also sold shares equalling approximately 8 per cent of the company's issued share capital.
Playtech will receive £15.50 per share for its 11.4 million shares in Plus500, with the proceeds to be used for general corporate purposes and [...]
