Playtech shareholder vote does not approve Aristocrat’s £2.7 billion bid

<img width="562" height="338" src="https://www.leaprate.com/wp-content/uploads/2021/11/Playtech.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Gopher opts out from the acquisition race for Playtech" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2021/11/Playtech.jpg 880w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-730×438.jpg 730w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-230×138.jpg 230w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-380×228.jpg 380w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-88×53.jpg 88w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/11/Playtech-500×301.jpg 500w" sizes="(max-width: 562px) 100vw, 562px" /><h2>Acquisition bids falling through</h2>
<p>Australian gambling equipment maker, Aristocrat, had made an acquisition offer for Playtech stocks at 680 pence apiece last October.</p>
<p>Two other companies also showed interest in Playtech, <a target="_blank" href="https://www.leaprate.com/forex/institutional/jko-withdraws-acquisition-offer-for-playtech/" rel="noopener">JKO</a> and Gopher, but they ultimately pulled out of the race. The Hong Kong-based company Gopher recently bought Playtech’s financial division<a target="_blank" href="https://www.leaprate.com/forex/institutional/playtech-shareholders-vote-to-approve-gophers-250-million-offer-for-finalto/" rel="noopener"> Finalto in a $250 million deal,</a> due to close in Q2 of 2022.</p>
<p>Playtech already expected the collapse of the deal based on the proxy votes it received. The London-listed company said it will to consider other offers as well, including breaking up its B2B gaming tech division and B2C consumer arm.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/news/playtech-shareholder-vote-does-not-approve-aristocrats-2-7-billion-bid/">Playtech shareholder vote does not approve Aristocrat’s £2.7 billion bid</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>

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