UK's Playtech's shares slip after report of potential breakup


FILE PHOTO: Gambling cubes and chips are seen in front of displayed Playtech logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -Playtech shares fell 4% on Wednesday after the gambling software maker once again backed a buyout by Aristocrat Leisure, following a report that the London-listed company was exploring a breakup if the deal does not go through.

Britain's Playtech in a statement did not address the Sky News report, but said that it continued to endorse the 2.1 billion pound ($2.8 billion) offer from Australia's Aristocrat which is due for shareholder voting on Feb. 2.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

What runs and what doesn’t on Windows 11 with ARM chips
Sweet little lies: People inclined go along with 'dishonest' robots
Musk's xAI in talks for share in future Tesla revenue, WSJ reports
Review: Ignore the negativity, ‘Star Wars Outlaws’ is fun and refreshing non-Jedi adventure
Social media platform X back up after brief outage, Downdetector shows
MCMC to quarantine rather than block websites with minimal prohibited�content
New iPhone will use Arm’s chip technology for AI, FT reports
‘Astro Bot’ review: All history lessons should be this fun
Byju's auditor BDO resigns after start of bankruptcy proceedings, company says
Barbershop murder video in the US called too gruesome, yet still up

Others Also Read