Updating the market, leading industry platform and technology provider Playtech Plc has confirmed that it has completed its acquisition of Consolidated Financial Holdings A/S (CFH Group). Playtech governance had first announced its approach for CFH Group this November, with the company prepared to pay $120 million (£95 million) for the financial trading systems developer. Confirming its deal through a regulatory …
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Teddy Sagi cashes in on 10% of Playtech Plc
Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …
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