UK gambling software maker Playtech said it did not think shareholders would approve a takeover offer by Australia’s Aristocrat Leisure based on proxy counts, adding it was looking at “attractive alternatives” if the deal collapsed.
Playtech needs approval from 75% of shares voting at a general meeting later on Wednesday in the day to go ahead with the £2.1bn bid.
The deal has come under threat after the emergence of a bloc of Asian investors with around 27% of the company whom Playtech accused of not engaging with it on the deal.
Playtech said it was evaluating attractive proposals it has received from third parties for its business-to-business and business-to-consumer divisions.
