Playtech confirms $200m sale negotiations for Finalto

London-listed supplier in talks with Israeli consortium over sale of financial services arm formerly known as TradeTech

Playtech is in exclusive discussions with a four-firm consortium regarding the sale of its financial arm Finalto. Responding to reports and speculation from Israeli media, the London-listed supplier confirmed the talks regarding a potential $200m agreement for the subsidiary, which was previously deemed a “non-core asset” by the firm. Finalto was formerly known as TradeTech…

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