Deutsche Bank nudges up price target on Playtech
26th Sep 2022 08:58
(Sharecast News) - Analysts at Deutsche Bank slightly raised their target price on software firm Playtech from 602.0p to 607.0p on Monday after the group delivered a "strong" first-half performance and a "positive assessment" of short and medium-term prospects.
Read morePlaytech hails 'excellent' first half
22nd Sep 2022 07:23
(Sharecast News) - Gambling software development company Playtech hailed an "excellent" first-half performance on Thursday, with a rise in revenues and earnings driven by regulated B2B markets and the Snaitech business.
Read moreEddie Jordan mulls fresh Playtech approach - report
18th Jul 2022 13:13
(Sharecast News) - Shares in gaming software specialist Playtech sparked on Monday after it emerged that former suitor Eddie Jordon was mulling a fresh approach.
Read morePlaytech 'very confident' of long-term prospects
14th Jul 2022 07:27
(Sharecast News) - Software company Playtech remains "very confident" about its long-term prospects despite TTB Partners announcing that it would not make an offer for the company due to "challenging underlying market conditions".
Read moreTTB Partners gets deadline extension to make Playtech bid
17th Jun 2022 08:11
(Sharecast News) - Gambling software maker Playtech said on Friday that the UK Takeover Panel has extended the deadline for TTB Partners to either announce a firm intention to make an offer for the company or walk away.
Read morePlaytech gets regulatory go-ahead for Finalto sale
15th Jun 2022 08:11
(Sharecast News) - Playtech announced on Wednesday that it has received all of the required regulatory approvals for the all-cash sale of its financial trading division Finalto, to Gopher Investments.
Read morePlaytech says TTB talks still ongoing after 15 weeks
20th May 2022 07:08
(Sharecast News) - Gambling firm Playtech said talks with TTB Partner were still ongoing and "progress continues to be made" but added that it was "conscious that TTB has been considering a possible offer for Playtech for 15 weeks".
Read morePlaytech EBITDA tops €100m in first three months of year
5th May 2022 08:33
(Sharecast News) - Gambling software development company Playtech rallied on Thursday as it said adjusted EBITDA for the first three months of the year topped €100m and pointed to progress in takeover talks with investor group TTB.
Read morePlaytech still in talks with TTB investors as FY profits rise
24th Mar 2022 07:01
(Sharecast News) - Gambling equipment maker Playtech reported a rise in annual profits as it continued to talk to a group of Asia-based investors about a takeover after the collapse of Aristocrat Leisure's bid earlier this year.
Read morePlaytech CEO Weizer to team up with TTB on possible bid
21st Feb 2022 11:51
(Sharecast News) - Gambling software development company Playtech said on Monday that chief executive officer Mor Weizer plans to team up with Asia-based suitor TT Bond Partners (TTB) on a potential offer for the group.
Read morePlaytech saga takes new twist with new potential offer from TT Bond
3rd Feb 2022 07:03
(Sharecast News) - The Playtech takeover saga continued on Thursday as a fresh potential bid for the gambling software maker emerged, hours after a £2.7bn offer from Australia's Aristocrat Leisure collapsed.
Read morePlaytech says Aristocrat bid unlikely to get investor go-ahead
2nd Feb 2022 07:50
(Sharecast News) - UK gambling software maker Playtech said it did not think shareholders would approve a takeover offer by Australia's Aristocrat Leisure based on proxy counts, adding it was looking at "attractive alternatives" if the deal collapsed.
Read morePlaytech urges approval of Aristocrat bid after report of possible breakup
26th Jan 2022 07:05
(Sharecast News) - Gambling software maker Playtech has again urged shareholders to accept a £2.7bn takeover offer from Australia's Aristocrat Leisure after reports it is planning a breakup and sale of the group if the bid is blocked by a bloc of Asia-based investors.
Read morePlaytech warns not all investors engaging on bids after Jordan pulls offer
21st Jan 2022 07:49
(Sharecast News) - Gambling technology company Playtech reiterated support for a £2.7bn bid from Aristocrat Leisure after former Formula One boss Eddie Jordan pulled his offer overnight, but warned that new investors with major stakes have not "engaged meaningfully" on the original approach.
Read moreFriday newspaper round-up: Baltic Dry Index, BT Group, Unilever
21st Jan 2022 06:43
(Sharecast News) - In times of market dislocation, it rises sharply to reflect the difficulties in transporting goods - and during the pandemic it has done little else but rise, peaking at more than 5,700. [...] That peak in the Baltic Dry Index was hit on October 7. Since then, the index has fallen sharply, halving within a month. Though it jumped in the run-up to Christmas, it has dropped back again since. Yesterday it fell further, its tenth consecutive daily decline, to 1,570. To put that in context, that puts the index back only to February 2021 levels but not completely out of kilter with the average over the past decade. - The Times
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