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Italian regulator approves Playtech’s acquisition of Snaitech

21st May 2018 9:12 am GMT
Italy

London-listed gaming solutions provider Playtech said Monday that it expects its acquisition of Italian operator Snaitech to complete ahead of schedule after receiving approval from the country's gaming regulator.

Playtech announced an €846m deal to acquire an initial 70.6 per cent stake in the Italian gaming operator in April, with the acquisition initially expected to complete during the final quarter of this year.

The company has now brought this date forward after receiving formal consent to the transaction [...]

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