Future Tech

UK's Playtech doubtful of shareholder nod on Aristocrat deal

Tan KW
Publish date: Wed, 02 Feb 2022, 11:20 PM
Tan KW
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Future Tech

British gambling software maker Playtech raised doubts about getting shareholder nod for its takeover by Aristocrat Leisure on Wednesday based on proxy counts, saying it was evaluating other proposals in case the deal falls through.

Playtech needs approval from 75% of shares voting at the general meeting later in the day to go ahead with the 2.1 billion pound ($2.84 billion) offer from Australia's Aristocrat.

 


  - Reuters

 

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