Playtech Completes $250M Finalto Sale to Gopher Investments
Mar 30, 2023
770
0
The proceeds will be used to repay the outstanding balance of Finalto’s revolving credit facility.
Finalto now has to pay an $8.8 million breakup fee to the Barinboim-led consortium.
Playtech (LON: PTEC) announced on Monday the completion of the all-cash sale of its financial division, Finalto (formerly TradeTech) to Hong Kong-based Gopher Investments.
Our websites use cookies to offer you a better browsing experience by enabling, optimising, and analysing site operations, as well as to provide personalised ad content and allow you to connect to social media. By choosing 'Accept all' you consent to the use of cookies and the related processing of personal data. Please view our privacy policy.
Manage Consent
Necessary Cookies
Essential for website functionality, allowing navigation and login access.
Functional Cookies
Enhance user experience by remembering preferences and settings.
Analytics Cookies
Collect data on user interactions to improve site performance and content.
Performance Cookies
Monitor and optimize website performance for a smoother user experience.
Comment (0)