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Playtech rules out offer from Gopher Investments due to lack of clarity

2nd August 2021 11:30 am GMT
Finalto

Playtech will seek shareholder approval to proceed with the sale of its Finalto business to a consortium led by Israeli private investment firm Barinboim Group after its board of directors determined that it cannot recommend a rival offer submitted by Gopher Investments.

Playtech delayed its planned general meeting to approve the sale of Finalto to the consortium in July after receiving a non-binding conditional offer from Hong Kong-based Gopher Investment, which holds a 4.97 per cent [...]

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