Playtech to forfeit USD 5M non-refundable deposit

Ava Trade terminates Playtech purchase agreement

Ava Trade Ltd. shareholders have terminated the share purchase agreement with Playtech.
2015-11-25
Reading time 14 seg
Ava Trade Ltd. shareholders have terminated the share purchase agreement with Playtech.

Playtech’s advisory warned of the possibility following the Plus500 acquisition termination.

Playtech will forfeit a $5 million non-refundable deposit already paid on the signing of the acquisition agreement, but says it still intends continuing with its appeal against Central Bank of Ireland’s opposition to its purchase of the company.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Condiciones de uso and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR