Login/Register
NetEnt
NetEnt
Playtech
BigTimeGaming

Playtech to fund acquisition strategy through £250m share placing

18th June 2015 7:16 am GMT

Playtech is looking to raise £250m through the placing of shares in the company, with proceeds to be used to fund future acquisitions including Plus500 and, potentially, a midsize B2C broker over which TradeFX has an option to purchase.

The equity raise will see Playtech place up to 29,050,000 of the company’s ordinary shares, with the price per placing share to be determined through an accelerated bookbuild. The placing represents 9.9 per [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Greentube
Skywind Group
Playtech
BigTimeGaming