Tag: TTB

Playtech
July 14, 2022 BY Steffy Bogdanova

TTB Partners confirms withdrawal from Playtech acquisition

TTB Partners initially approached Playtech with a possible acquisition offer on behalf of an investor group in February. Although no official bid was made, the final deadline for an official offer was set to 15 July. The tech giant had previously rejected a £2.7 billion takeover offer by Australian gambling equipment maker Aristocrat Leisure. Meanwhile,…

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Playtech
June 17, 2022 BY Steffy Bogdanova

Playtech gives TTB more time to confirm acquisition offer

TTB Partners can now confirm its intensions to acquire Playtech by 15 July, 5pm. However, the deadline can be further extended if the Panel deems it necessary. TTB Partners initially approached Playtech on behalf of an investor group with a possible acquisition offer in February. The move followed Playtech shareholder vote rejecting the $3.7 billion…

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