Playtech receives preliminary approach from Gopher Investments

Playtech has confirmed that, following recent media speculation in relation to a possible offer for the company, it has received an approach from Gopher Investments

Playtech has confirmed that, next recent media conjecture inwards telling to a possible offer for the company, it has received an approach from Gopher Investments.

According to Sky News, Gopher Investments is working with bankers at Rothschild on an offer up worth around £3bn ($4.05bn). The overture plan of attack came on 21 October 2021.

It follows a £2.1bn offer up to buy Playtech from Aussie accompany Aristocrat Leisure. Playtech’s shares surged shoemaker's last month when it proclaimed that its board was endorsing a 680p per deal offer up from the Aussie group.

Aristocrat noted it is aware of Gopher’s interest, but said it testament “continue to process with Playtech to come along the recommended acquisition and urges Playtech shareholders to vote in favour of the Aristocrat recommended acquisition at the shareholder meetings at one time the Scheme Document has been published.”

Gopher Investments holds a 4.97% post inward Playtech, with the former at present seeking access code to certain due industry entropy inwards say to explore terms for a possible offer for all of the issued and to live issued divvy up capital.

“Discussions with Gopher are at an betimes stage and ongoing,” a statement from Playtech read. “As such, in that respect tin can follow no more sure thing that Gopher’s coming testament result inwards an extend for the Company, nor as to the terms on which any offer might be made.

“This declaration has been made without the prior consent of Gopher or Aristocrat,” Playtech added. “A further promulgation testament follow made as and when appropriate.”