Announced
Completed
Playtech completed the acquisition of a 70.6% stake in Snaitech for $1bn.
Financials
Transaction Value£737m
Consideration TypeCash
Capital Owned-
Capital Bid For71%
EV/Sales-
EV/EBITDA6.2x
Share Price Premium-
One Off Charge-
Tags
payment services
gaming & betting services
Casinos and Gambling
Italy
Disposal
Public
Friendly
Acquisition
Cross Border
Completed
Majority
Single Bidder
Synopsis
Playtech, a gambling software development company, completed the acquisition of a 70.6% stake in Snaitech, a gambling and sports betting platform, for $1bn.
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