ALL aristocrat leisure limited

News: ALL UK's Playtech receives takeover offer from Gopher

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    Nov 7 (Reuters) - Britain's Playtech Plc PTEC.L received a takeover bid from its second-biggest shareholder, Gopher Investments, the online gambling software developer said on Sunday.

    The development comes weeks after Australian gambling machine maker Aristocrat Leisure (ALL) made a 2.1 billion pound ($2.83 billion) offer to buy Playtech.

    Playtech received a preliminary approach from Gopher on Oct. 21 seeking access to certain due diligence information, in order to explore terms on which a possible offer for all of the issued and to be issued share capital of Playtech might be made, according to the statement.

    Hong Kong-based Gopher is weighing plans for a 3 billion pound takeover of the company and is being advised by Rothschild, according to Sky News https://bit.ly/3qgPKqL which first reported the development.

    The London-listed company said discussions with Gopher were at an early stage and ongoing

    Gopher did not immediately respond to a Reuters request for a comment.

    "As such, there can be no certainty that Gopher's approach will result in an offer for the company, nor as to the terms on which any offer might be made," Playtech added.

    ($1 = 0.7414 pounds)

 
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Last
$70.26
Change
0.290(0.41%)
Mkt cap ! $43.52B
Open High Low Value Volume
$69.45 $70.28 $68.79 $53.69M 768.1K

Buyers (Bids)

No. Vol. Price($)
1 2750 $70.06
 

Sellers (Offers)

Price($) Vol. No.
$70.39 2774 1
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