Announced

Aristocrat Leisure failed to acquire Playtech for £2.1bn.

Synopsis

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.

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