Playtech and Aristocrat: shareholder supports acquisition

Home » Playtech and Aristocrat: shareholder supports acquisition

Aberdeen Asset Investments Ltd, the third majority shareholder of Playtech, supports the acquisition of the aristocrat slot machine manufacturer.

The agreement for this acquisition was already established in October of last year, but the company was not yet certain of the support of its majority shareholders.

By continuing to read the next paragraphs of this article, you can discover, thanks to our Davide, More information on the agreement and various statements made by the interested parties.

The agreement between Playtech and Aristocrat

Playtech's shareholder, Aberdeen Asset Investments Ltd, supports aristocrat acquisition in an agreement with the value of $ 3.23 billion.

This confirmation comes immediately after that JKO Play, managed by Eddie Jordan, who became famous for his Formula One team, has decided not to proceed with a proposal by playtech.

Aberdeen Asset considered appropriate to accept the offer of the slot manufacturer because he considers it right as an economic value, but also because it guarantees greater stability than the possible expectation of the increase in the value of the actions.

Aberdeen Investments' statements on Playtech and Aristocrat

Aberdeen Asset Investments Ltd, Playtech's shareholder who supports Aristocrat's acquisition, issued some important statements through its investment director.

In fact, Wes McCoy, he said his company, which is now owner of 3.05% of Playtech shares, supports acceptance of this offer.

His company, he said, in fact will vote in favor of the acquisition by the aristocrat giant as the offer is right.

Playtech words

Playtech, on the other hand, on his acquisition by Aristocrat last week he had declared to Don't know what could happen.

The reason was that Some important investors had not yet said their opinion On the offer, or at least they had not yet taken a definitive position on the agreement with Aristocrat.

But now, with the confirmation of the support of Aberdeen Asset Investments Ltd, Playtech says he is almost certain of the possible acceptance and closure of the sale.

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