Playtech confirms preliminary takeover approach from Gopher Investments

Playtech confirmed on Monday that it has received a preliminary takeover approach from shareholder Gopher Investments.

Responding to press speculation, the gambling software developer said it is in “early stage and ongoing” discussions with Gopher.

The statement came after Sky News reported on Sunday that Gopher Investments – an investment vehicle which began building a stake in Playtech earlier this year – was weighing plans for a ร‚ยฃ3bn takeover of the company.

Sky said Gopher was working with bankers at Rothschild on an offer that would trump a recommended ร‚ยฃ2.1bn bid announced last month from Australia’s Aristocrat Leisure.

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode