Flutter Entertainment Eyes Acquisition of Playtech’s Italian Unit

  • 📰 Covers
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Playtech has granted Flutter a period of exclusivity to complete its due diligence checks before finalizing the required documentation for the sale.

UK-based gambling software company Playtech and Flutter Entertainment have confirmed they are currently in negotiations over the sale of Playtech's Italian consumer arm, Snaitech. A formal agreement may be reached by next month, though both parties have acknowledged there is no guarantee the deal will go ahead.

The rumors about Playtech potentially auctioning off Snaitech first circulated in 2022, four years after Playtech acquired its 70.6% majority share for $995.5 million. The company later acquired a further 9% through various market purchases. Australian content creation company Aristocrat Entertainment attempted to offer a takeover bid, but it was rejected by Playtech’s shareholders. A year later, Playtech reportedly approached 888 about a potential combination, but this fell through.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 341. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks making the biggest moves midday: Brinker International, Victoria's Secret, Flutter Entertainment and moreThese are the stocks posting the largest moves in midday trading.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Marathon Digital Eyes Bitcoin Acquisition with $250M Convertible Notes OfferingCrypto Blog
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »