Tag Archives: Gopher Investments

Playtech notifies of rebound offer from TTB Hong Kong

SBC News Playtech notifies of rebound offer from TTB Hong Kong

Playtech Plc has shed further light on yesterday’s general meeting of investors that failed to approve Aristocrat Leisure’s £2.7 billion offer to acquire the FTSE250 technology group outright – a deal recommended by the board of directors. Further to yesterday’s GM, Playtech’s board was contacted by Hong Kong investment fund TTB Partners Limited ‘on behalf of an investor group’. The …

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JKO withdraws from Playtech bidding contest to pave the way for Aristocrat takeover

SBC News JKO withdraws from Playtech bidding contest to pave the way for Aristocrat takeover

JKO Play has confirmed that it will not meet the deadline to make a firm bid for Playtech, leaving Aristocrat as the sole bidder for the majority shares in the gaming firm. Issuing an update this morning, the Eddie Jordan family and Keith O’Loughlin owned company – which controls a 0.51% stake in Playtech – revealed that it would be …

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Playtech reschedules JKO offer confirmation date as shareholder meetings adjourned

SBC News Playtech reschedules JKO offer confirmation date as shareholder meetings adjourned

Playtech Plc has announced that the make or break deadline by which JKO should confirm its intentions with regards to a takeover of the gaming content and technology developer. Under the initial terms, JKO would have until 5:00pm on 5 January 2022 to make a firm offer to buy Playtech, but the revised conditions will see the company have until …

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Aristocrat welcomes Playtech sale of Finalto division

SBC News Aristocrat welcomes Playtech sale of Finalto division

Aristocrat Leisure has made progress in its prospective acquisition of Playtech, after stakeholders of the latter company voted in favour of selling its Finalto financial trading division to Gopher Investments. The disposal of Finalto to Gopher was cited as a ‘key condition of aristocrat’s offer’ for the whole of the Playtech business, and has been welcomed by the gaming content …

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Gopher withdraws from Playtech bidding war

SBC News Gopher withdraws from Playtech bidding war

Gopher Investments has withdrawn from its pursuit to acquire Playtech Plc, confirming that it will propose no counteroffer to investors of the FTSE250 gambling technology group. The Hong Kong investment vehicle that maintains a 5% shareholding in Playtech, had previously stated its intent to table a counteroffer against the £2.7 billion deal put forward by ASX games manufacturer Aristocrat Leisure. …

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Playtech confirms JKO approach as bidding war looms against Aristocrat takeover

SBC News Playtech confirms JKO approach as bidding war looms against Aristocrat takeover

The board of Playtech Plc has moved to confirm media speculation that it has been approached by a third suitor seeking to acquire the FTSE250 gambling technology group. This morning, Playtech governance confirmed that on 5 November, a ‘preliminary approach’ was made by JKO Play Limited, a consortium led by former F-1 team owner Eddie Jordan and Scientific Games executive …

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Playtech stands by Aristocrat deal as Gopher eyes bidding war

SBC News Playtech stands by Aristocrat deal as Gopher eyes bidding war

Playtech Plc has responded to media speculation regarding a counterbid that existing shareholder Gopher Investments will table to take control of the FTSE250 gambling technology group. This Sunday, Sky News reported that Gopher – a Hong Kong-based investment vehicle that maintains a 5% shareholding in Playtech – will launch an expected £3 billion counteroffer, triggering a bidding war against ASX …

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