Barinboim Group
Playtech in Talks to Sell its Financial Division for $200M

Playtech PLC has confirmed that it is in exclusive talks to sell its financial division for up to $200 million in cash as part of its simplification plans.
Playtech is going to sell Finalto to a consortium backed by Barinboim Group, Leumi Partners Ltd, Phoenix Insurance Co Ltd, and Menora Mivtachim Insurance Ltd.
Finalto provides a trading platform and liquidity services on a business-to-business basis, while its direct-to-consumer offering is Markets.com.
The cash offer from the consortium is worth up to $200m, of which $170m is payable on completion. Approximately $110m of capital required to run the business will be transferred with the business upon any sale.
Powered by WPeMatico
-
Uncategorized4 days ago
Betting data provider Pythia Sports launches AI-powered solution to help bidders find the next star racehorse
-
ADG4 days ago
Arizona Department of Gaming Issues Multiple Cease-and-Desists
-
Online6 days ago
Best Online Casinos Ireland – Robocat Ranked Best Irish Casino
-
casino6 days ago
Best Real Money Online Casino in USA goes to 7Bit Casino Rated by UJN
-
Latest News4 days ago
BGaming Bakes Some Delicious Slot Fun with Sugar Mix
-
Compliance Updates4 days ago
Bede Gaming receives top level supplier certification from WLA
-
Uncategorized4 days ago
Soft2Bet Wins Three Major Awards at The European – Global Banking & Finance / Sustainability & ESG Awards 2025
-
Africa4 days ago
Gaming Corps Expands African Presence with KingMakers Partnership