Salem Radio Network News Sunday, May 22, 2022


Playtech shares fall 4% after report of potential breakup

(Reuters) – Shares in Playtech slipped 4% on Wednesday after the gambling software maker reiterated that it backed a buyout by Aristocrat Leisure following a report that the London-listed company was exploring a breakup.

Britain’s Playtech in a statement did not address the Sky News report but said that it continued to endorse the 2.1 billion pound ($2.8 billion) offer from Australia’s Aristocrat which is due to be voted on by shareholders on Feb. 2.

($1 = 0.7407 pounds)

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Shailesh Kuber)


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Bob Gorrell
Tue, May 10, 2022