Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Plus500 shareholder to vote against “opportunistic” Playtech bid

8th June 2015 12:08 pm GMT

Odey Asset Management, the largest individual shareholder in Plus500, has announced that it does not intend to vote in favour of Playtech’s proposed acquisition of the London-listed spread betting and CFD provider.

Odey, which owns a 25.49 stake in the business, said late last week that Playtech’s 400 pence per share cash offer was an “opportunistic bid exploiting current regulatory issues and risks.”

“In our view 400p materially undervalues Plus500 and we do not intend to vote [...]

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

Related Videos
Skywind
Greentube
EveryMatrix
Pragmatic Play
Playtech
Solitics