London-listed gaming solutions provider Playtech has completed its acquisition of a majority stake in Italian betting and gaming operator Snaitech.
The company has acquired a 70.6 per cent stake in the business from Snaitech’s two largest private equity shareholders, as well as an additional 9 per cent stake through market purchases.
As a result, Playtech now holds almost 80 per cent of Snaitech's issued share capital in aggregate and will launch a mandatory takeover offer for the [...]
