.
MergerLinks Header Logo

New Deal


Announced

Aristocrat Leisure failed to acquire Playtech for £2.1bn.

Financials

Edit Data
Transaction Value£2,100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium58.4%
One Off Charge-

Tags

Edit

Majority

Acquisition

IT Services: Other

United Kingdom

Digital Services

services

software design

tv gaming

online

mobile

Cross Border

Single Bidder

Friendly

Public

Failed

Synopsis

Edit

Aristocrat Leisure, a supplier of premier gaming content and technology, failed to acquire Playtech, an online gambling software supplier, for £2.1bn ($2.9bn). "This transaction marks an exciting opportunity in the next stage of growth for Playtech, and delivers significant benefits to our stakeholders, including our customers, our shareholders and our incredibly talented people. This deal has the potential to enhance our distribution, our capacity to build new and deeper relationships with partners, and bolsters our technological capabilities. The combination of our two companies builds one of the largest B2B gaming platforms in the world, with the people, infrastructure and expertise to provide our customers with a truly best-in-class offer across all areas of gaming and sports betting," Mor Weizer, Playtech CEO. On Novemer 18, 2021, JKO makes a takeover approach to Playtech. On December 21, 2021, City watchdog urged to rule on Asian Playtech investors amid £3bn bidding war. On January 20, 2021; JKO Play drops pursuit of Playtech.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US