Playtech Notes Media Speculation on Future; Reiterates Support for Aristocrat Bid
January 26 2022 - 3:02AM
Dow Jones News
By Kyle Morris
Playtech PLC said Wednesday that it has noted recent media
speculation on its future strategy and that it reiterates its
recommendation that shareholders vote in favor of the offer from
Aristocrat Leisure Ltd.
Sky News on Tuesday reported that the company was investigating
plans to break it up and sell its operations if a vote on the
Aristocrat Leisure takeover next week fails.
The gambling technology company said Wednesday that while it has
made strategic and operational progress and is in a strong
position, Aristocrat's bid is an attractive opportunity to
accelerate the delivery of Playtech's longer-term value.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
January 26, 2022 02:47 ET (07:47 GMT)
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