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
-
AGCO7 days ago
AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor
-
Africa7 days ago
ALA Hosted Seminar on Artificial Intelligence and Cybersecurity
-
Canada7 days ago
IGT and Atlantic Lottery Sign Eight-Year Video Lottery Central System Technology Agreement
-
Africa6 days ago
DRC Signs MoU for Public-Private Partnership with Burundi’s East African General Trade Company
-
First7 days ago
FIRST and Genius Sports Extend Landmark Data Partnership, Powering Continued Growth
-
Blokotech7 days ago
Blokotech unveils Cristian Tonanti as new Casino Partnership Manager
-
Brazil7 days ago
Esportes da Sorte holds forum on “Integrity in Sports” with Ceará and Náutico
-
Latest News7 days ago
Unlock Top-Tier Deals and Careers: Parimatch joins iGB L!VE 2025