News in the world of gaming and betting. The English company Playtech will acquire the 70,561% of the Italian Snaitech and before the end of the summer it will launch aOpa totalitarian aimed at delisted. The price agreed for the sale, which will be paid by Playtech in a lump sum upon closing, is equal to € 2,19 per share, against a stock exchange reference of 1,87 euros. This morning, the Snaitech stock in Piazza Affari approached the value of the offer, rising by 14,6%, to 2,145 euros.
The total value of the transaction is 291 million, of which 229 million will be paid to Global Games (it owns 55,53% of Snaitech) and 62 million to OI-Games (15,03%). The price for the tender offer will be the same fixed to the sellers and therefore equal to 2,19 euros per share.
Playtech, a company listed on the Main Market of the London Stock Exchange, is an operator with approximately 5 thousand employees in 17 countries, particularly active in the B2B market by virtue of the supply of its software and other services for many of the main operators in regulated online, retail and mobile.
