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Gopher Responds to Playtech Statement, More Details on Who Advises the Firm

After Gopher Investment made the $250 million offer to acquire Playtech’s lucrative financial division, Finalto, it is now making moves to convince the board and shareholders. On Tuesday, the Hong Kong fund issued a press release highlighting critical aspects of its offer for Finalto. Additionally, it urged Playtech’s board to adjourn the General Meeting, due to take place on July 15 and discuss the offer. Finance Magnates reached out to Gopher Investment to get more details about their background to get a context of the intentions to acquire Finalto. The firm, which is a 4.67 percent stakeholder at Playtech, wants to purchase Finalto. Still, the major hurdle in its form is the Playtech management’s agreement for an acquisition deal made by a consortium led by Barinboim Group and backed by Leumi Partners Limited and Menora Mivtachim Insurance Limited, together with key members of the Finalto Business’ management team.

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