Irish regulator’s issue with the Playtech-AvaTrade acquisition

October 07, 2015 BY LeapRate Staff

Irish regulator's issue with the Playtech-AvaTrade acquisition - the real story

A number of rumors and what-might-have-happened type stories and speculation have been circulating on certain blogs the past few days, as to why Ireland's financial regulator, the Central Bank of Ireland (CBI), has stated its opposition to the acquisition of retail forex broker AvaTrade by online gaming and trading giant-in-making Playtech PLC (LON:PTEC). Some of the…

October 06, 2015 BY Maria Nikolova

Playtech to formally challenge Central Bank of Ireland's decision on AvaTrade deal

Following communication with the Central Bank of Ireland, which has opposed the proposed acquisition of FX broker AvaTrade by Playtech, the company will be formally contesting the regulatory objections.

October 05, 2015 BY Maria Nikolova

Central Bank of Ireland opposes acquisition of AvaTrade by Playtech

Playtech is now seeking clarification on the reasons for the objection and is about to discuss the issue with the CBI.

September 25, 2015 BY Maria Nikolova

Plus500 updates on cancellation of shares trading on AIM

Due to the delayed completion of the acquisition of Plus500 by Playtech, the company confirms that the planned cancellation of its shares trading on AIM will also happen with a corresponding delay.

September 18, 2015 BY Maria Nikolova

Playtech says regulatory decisions on Plus500 deal take longer than expected

Due to the high profile nature of the Plus500 acquisition, receipt of regulatory approvals is taking more time than initially anticipated, Playtech admitted.

September 13, 2015 BY LeapRate Staff

Markets.com's Teddy Sagi named Israel's sixth wealthiest person by Forbes

Teddy Sagi moved up nine spots from last year, nearly doubling his net worth in a year which he and his companies were very active dealmaking.

August 28, 2015 BY Maria Nikolova

Plus500 updates on planned AIM trading cancellation

Trading in shares in Plus500 on AIM is set to be cancelled no earlier than on September 28, 2015.

August 27, 2015 BY Maria Nikolova

Playtech reports robust H1 2015 results for its financial division

Recently acquired TradeFX (Markets Limited) generated revenues of $48.2 million in the first half of 2015, up 60% from the equivalent period a year earlier.

August 27, 2015 BY Maria Nikolova

Playtech appoints Paul Hewitt as non-exec director

Paul Hewitt, who joins the company with immediate effect, will chair Playtech's Board's Risk & Compliance Committee and Remuneration Committee and will sit on the Audit Committee and Nominations Committee.

August 19, 2015 BY Maria Nikolova

Playtech shareholders unanimously approve Plus500 deal

The proposed £459.6 million acquisition got the backing of 100% of the votes cast at today's Extraordinary General Meeting of Playtech shareholders.

Tag: Playtech PLC (LON:PTEC)