Playtech is reportedly considering breaking up and selling off its operations, if the £2.7bn takeover by Australia’s Aristocrat falls through.
The deal risks being blocked by a group of Asian shareholders, according to Sky News’ Mark Kleinman last night, a collective which own around a quarter of Playtech’s stock.
The London-listed online gaming group mulled selling off its trade-tech platform Finalto for £148m in May, but its business-to-business division and Italian consumer arm Snaitech could soon follow.
The board and advisors at Wells Fargo, Jefferies and Goodbody have begun plans to auction operations, insiders claim – with shareholders set to vote on the deal next week.
The transaction needs the approval of 75 per cent of investors.
City A.M. has contacted Playtech for comment.
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