June 18, 2015 BY Maria Nikolova
Playtech completes share placing, raises £227 million
The company successfully completed the placing of 29,050,000 new ordinary shares at a price of 780p per placing share.
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June 18, 2015 BY Maria Nikolova
Playtech reports strong growth in its TradeFX/Markets.com unit
As Playtech prepares to beef up its online trading business, it reports a whooping 72% rise in revenues at its TradeFX / Markets.com unit.
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June 18, 2015 BY Maria Nikolova
Playtech raising £225 million ($350 million) to fund acquisitions, including Plus500 deal
Teddy Sagi will retain his 33% stake in Playtech, which is looking beyond Plus500 at other Forex acquisitions.
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June 11, 2015 BY LeapRate Staff
IG Group targeting Plus500 employees, looking to open Israel office - Globes
Globes also proposes that IG had a hand in creating Plus500's current crisis, by tipping off UK regulators.
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June 01, 2015 BY Maria Nikolova
Playtech set to acquire Plus500 for £459.6 million ($700 million)
Will this help Plus500 resolve its issues with the FCA? And help solidify its relationships with affiliates? Or is Playtech inheriting a potentially volatile situation?
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May 14, 2015 BY LeapRate Staff
Sources close to IronFX deny Teddy Sagi / Playtech acquisition rumours
LeapRate has learned that the rumors being circulated about serious M&A discussions between IronFX and Teddy Sagi's Playtech PLC (LON:PTEC) are just that - rumors. This is in fact the second 'rumor denial' article we've posted today, with the first one involving similar rumors that Playtech was taking a run to buy AvaTrade. Senior sources…
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May 14, 2015 BY Mike Fox
AvaTrade denies Teddy Sagi/PlayTech acquisition rumours
Apparently, the only correct information among the rumors circulating is indeed that AvaTrade is in a strong financial position and has had an excellent start to the 2015 fiscal year.
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May 07, 2015 BY LeapRate Staff
Markets.com’s Teddy Sagi expands online marketing empire with $34 million acquisition of Stucco Media
Sagi recently restructured his online holdings, moving Markets.com and TopOption into Playtech in a $225 million deal
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April 02, 2015 BY LeapRate Staff
Teddy Sagi restructures online holdings, moves Markets.com and TopOption into Playtech in $225 million deal
Publicly-traded Playtech, in which Sagi still holds 33%, will acquire TradeFX - parent of Markets.com, TopOption, ForexYard and other brands - for €208 million cash plus future contingent payments.
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March 23, 2015 BY Andrew Saks-McLeod
Markets.com's Teddy Sagi expands online marketing empire with acquisition of Glispa for $77 million
Market Tech recognizes Glispa's growing global strength in mCommerce, which analyst firm Digi-Capital expects to will be the dominant business model creating over $516 billion in sales and driving more than 70% of all mobile internet revenue by 2017
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