Playtech Shareholders Approve Plus500 Acquisition (update)

Agreement expected to be completed no later than September 30 this year

Playtech shareholders approved the acquisition of CFD firm Plus500 (see previous InfoPowa reports) at an extraordinary general meeting this morning (August 19).
Completion of the acquisition remains subject to certain conditions, including regulatory approvals, but is expected to complete no later than .
The deal clinched earlier this year values the company at GBP 459.6 million or GBP 4 per share, almost half the GBP 862 million Plus500 was valued at before the UK's financial watchdog ordered it to overhaul its anti-money laundering procedures, when news of the regulatory scrutiny sent the company's share price tumbling.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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