LONDON, UK: Gopher Investments has entered into an agreement with Playtech to acquire its financial trading division, Finalto, for $250 million. Gopher is a 4.97% shareholder in Playtech, and welcomes the unanimous support of the Playtech Board and expects to complete the transaction in H1 2022. The transaction is subject to Playtech shareholder approval and…
All posts tagged Finalto
Playtech plc agrees to sell its financial trading division (Finalto) for $210 million
LONDON, UK: Playtech plc has entered into an agreement for the sale of its financial trading division (Finalto) to a consortium led by Barinboim Group and backed by Leumi Partners Limited and Menora Mivtachim Insurance Limited, together with key members of the Finalto Business’ management team. Finalto is a specialist in B2C and B2B multi-channel…