Tag Archives: Brian Mattingley

SpringOwl backs Aristocrat takeover of Playtech

SpringOwl, the independent buyout firm of activist gambling investor Jason Ader, has outlined its support for Aristocrat’s $3.7 billion (£2.7bn) takeover of Playtech Plc.  This morning, Playtech confirmed that it had approved Aristocrat’s 680 pence per share (58% premium) offer to be recommended to investors of the FTSE250 technology group. SpringOwl is listed amongst Playtech’s private investors that will vote …

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Aristocrat confirms £2.7bn proposed Playtech buyout

Sports betting software and online gaming supplier Playtech is set to be purchased by Australian-listed gaming manufacturer Aristocrat Leisure, which has announced a cash offer of £2.7 billion for the FTSE250 technology group.  Aristocrat aims to leverage the company to boost its revenues, ‘operate and innovate’ in the European market through the acquisition’s Snaitech division, reach a broader range of …

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Refocused Playtech plans for strongest H2 comeback 

Playtech Plc has delivered on its strategy to simplify the company and focus on ‘core B2B’ growth by divesting its final non-core business asset ahead of a critical second half of 2021. This morning, Playtech confirmed that it had reached definitive terms to sell financial trading division Finalto to Barinboim Group – a private consortium led by Leumi Partners and Menora …

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888 forms new CSR committee led by Lord Mendelsohn 

The board of 888 Holdings has formed a new ‘Environment, Social and Governance’ (ESG) committee to help structure and guide the FTSE250 online gambling group’s corporate social responsibility (CSR) duties and objectives. The ESG Committee will be led by Lord Jon Mendelsohn, 888’s forthcoming non-executive Chairman who will take leadership of the firm’s corporate governance duties from May onwards.  A …

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Jason Ader: Mattingley must awaken Playtech’s US future 

Brian Mattingley’s appointment as the new company chairman of Playtech Plc has been welcomed by company investor Jason Ader and his asset management company SpringOwl. Though the appointment was branded as conservative in some quarters with Mattingley due to finish his 15-year CEO and Chairmanship tenure at 888 Holdings, Ader believes that Mattingley will play a critical role in Playtech’s …

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888 confirms Lord Mendelsohn as inbound chairman for critical 2021 proceedings

888 Holdings has filed a notice with the London Stock Exchange, confirming that Lord Jonathan Mendelsohn will replace Brian Mattingley as its designate company chairman. The appointment of Lord Mendelsohn as new chairman is scheduled to take place at 888’s next annual general meeting in May 2021, with Mattingley officially resigning from all governance duties.  In its notice, 888 highlighted …

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888 confirms Yariv Dafna as inbound Group CFO 

The board of 888 Holdings has confirmed the inbound appointment of Yariv Dafna as its new Group CFO, replacing long-term incumbent Aviad Kobrine. Back in January, Kobrine confirmed that he would end his 15-year tenure as an 888 corporate and governance executive.   Issuing a filing with the London Stock Exchange, 888 stated that Dafna will join the firm’s executive leadership …

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888 appoints VC expert Limor Ganot as a corporate advisor

The board of 888 Holdings has expanded its governance advisory, confirming the appointment of Limor Ganot as a corporate non-executive director. A seasoned executive in corporate financing and strategic planning for technology enterprises, Ganot is the Managing Partner of US/Israeli venture capital fund Gefen Capital. An Israeli business figurehead, Ganot has further served as CO-CEO and VP of Business Development …

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888 seeks new financial lead as Aviad Kobrine ends CFO tenure

Issuing a corporate filing, 888 Holdings has confirmed that Aviad Kobrine has chosen to end his 15-year tenure as Chief Financial Officer (CFO) of the LSE-listed online gambling group. Updating investors, 888 governance informs that Kobrine will continue to act as CFO until a replacement is found, helping company leadership through its transition period. Commenting on his upcoming departure, Kobrine said: …

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