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    PTEC   IM00B7S9G985

PLAYTECH PLC

(PTEC)
  Report
Delayed Quote. Delayed London Stock Exchange - 11/26 11:35:11 am
736 GBX   -1.47%
11/19Playtech investor Gopher pulls out of potential takeover battle
RE
11/19Gopher Investments Withdraws GBP3 Billion Bid for Playtech
DJ
11/19Gopher Cancels Playtech Takeover Plans
MT
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Playtech Agrees to GBP2.1 Billion Aristocrat Leisure Takeover

10/17/2021 | 11:32pm EST

By Ian Walker

Playtech PLC said late Sunday that it has agreed to a 2.1 billion-pound ($2.89 billion) takeover from Australian-listed gaming content and technology company Aristocrat Leisure Ltd. through its subsidiary Aristocrat (UK) Holdings Ltd.

Under the offer, accepting shareholders of the FTSE 250-listed gambling-technology company will get 680 pence in cash for each share owned. The offer price is a 58% premium to Playtech's closing price of 429.20 pence on Friday.

The offer puts an enterprise value on Playtech of GBP2.7 billion.

"In recent years, Playtech has successfully repositioned its world leading gambling technology and operations, expanding in strategically important regulated markets and driving major online B2B revenue growth. Whilst the business has made significant progress, most notably in the Americas, Aristocrat's proposal provides an attractive opportunity for shareholders to accelerate Playtech's longer-term value," Playtech Chairman Brian Mattingley said.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

10-18-21 0132ET

Stocks mentioned in the article
ChangeLast1st jan.
ARISTOCRAT LEISURE LIMITED -2.80% 44.8 End-of-day quote.44.52%
PLAYTECH PLC -1.47% 736 Delayed Quote.83.40%
All news about PLAYTECH PLC
11/19Playtech investor Gopher pulls out of potential takeover battle
RE
11/19Gopher Investments Withdraws GBP3 Billion Bid for Playtech
DJ
11/19Gopher Cancels Playtech Takeover Plans
MT
11/19Form 8.5 (EPT/RI) - Playtech plc
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11/18LONDON STOCK EXCHANGE : FTSE 100 ends lower on commodity weakness; GlaxoSmithKline goes ex..
RE
11/18Playtech gets third takeover approach, sets up potential bidding war
RE
11/18Playtech Confirms Early Takeover Talks With JKO Play
MT
11/18DRIVING FORCE Former F1 boss Eddie Jordan weighs in on ú3bn Playtech bidding war
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11/17Playtech Receives $4 Billion Takeover Approach from Consortium
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11/11SpringOwl Asset Management LLC - Form 8.3 - Playtech plc
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Analyst Recommendations on PLAYTECH PLC
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Financials
Sales 2021 1 158 M 1 310 M 1 310 M
Net income 2021 8,27 M 9,36 M 9,36 M
Net Debt 2021 572 M 647 M 647 M
P/E ratio 2021 196x
Yield 2021 0,29%
Capitalization 2 584 M 2 922 M 2 924 M
EV / Sales 2021 2,73x
EV / Sales 2022 2,24x
Nbr of Employees 7 000
Free-Float 67,4%
Chart PLAYTECH PLC
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Playtech plc Technical Analysis Chart | MarketScreener
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Technical analysis trends PLAYTECH PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 8,67 €
Average target price 7,24 €
Spread / Average Target -16,5%
EPS Revisions
Managers and Directors
Moran Weizer Chief Executive Officer & Executive Director
Andrew James Smith Chief Financial Officer & Executive Director
Brian Roger Mattingley Non-Executive Chairman
Shimon Akad Chief Operating Officer
Ian Ince Global Head-Regulatory Affairs & Compliance
Sector and Competitors
1st jan.Capi. (M$)
PLAYTECH PLC83.40%2 922
GALAXY ENTERTAINMENT GROUP LIMITED-23.40%25 763
FLUTTER ENTERTAINMENT PLC-28.01%23 817
EVOLUTION AB15.00%22 675
ARISTOCRAT LEISURE LIMITED44.52%21 360
SANDS CHINA LTD.-42.09%20 464