• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Copy Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

Gopher Prepares for Final Negotiations with Playtech Regarding Finalto

Aug 20, 2021

Gopher Prepares for Final Negotiations with Playtech Regarding Finalto

Gopher Investments said it "welcomes the decision" of Playtech's general meeting, in which shareholders rejected a proposal from a consortium led by the Barinboim Group for its banking sector Finalto.

The investment firm and Playtech stakeholder went on to say that it will now collaborate with the Playtech board on its own proposal.

The consortium's offer, which the board had previously approved in May, was rejected by Playtech shareholders. The proposal for up to $210 million (£148 million/€171 million) was rejected by 68.3 percent (164.3 million shares) of shareholders.

In July, Gopher filed its own $250 million proposal, causing Playtech to postpone its general meeting by a few weeks at Gopher's request.

The delay allowed the board to gather more information on Gopher's proposal, which had raised worries about its ownership structure, regulatory barriers, and potential ties to China. Playtech's board claimed it didn't have enough clarification on Gopher and reaffirmed its support for Barinboim's proposal after using the delay to seek answers to these issues.

“Gopher Investments welcomes the result of yesterday's shareholder vote at Playtech's General Meeting, in which shareholders voted against the bid of Barinboim Group” Gopher stated in a statement.

Gopher looks forward to discussing its $250 million offer for Finalto with the Board and working to conclude the transaction in a timely and transparent manner.”

Despite the refusal, Barinboim is optimistic that it will restart talks with Playtech in the near future, thinking that if a contract between Gopher and Playtech isn't made within three weeks, it will demonstrate that Gopher's interest in Finalto isn't serious.

Subscribe Our Newsletter

India’s Forex Reserves Will Rise Sharply This Week

India’s Forex Reserves Will Rise Sharply This Week

When the Reserve Bank of India announces its foreign exchange reserves statistics, India's foreign exchange reserves will climb dramatically.

Forex
Singapore Asks Crypto Firms Not to Market Services to Public

Singapore Asks Crypto Firms Not to Market Services to Public

Singapore's financial regulator has directed cryptocurrency businesses not to advertise their services to the general public, in keeping with the city-state’s goal of reducing retail speculation in volatile digital assets.

Crypto
Liquidity Provider

What is Liquidity Pool? The Importance of a Reliable Liquidity Provider
Let's find out what is a liquidity pool, how does liquidity impacts brokerages, and how to choose the best liquidity pool provider.

discover
What is Prime of Prime Liquidity?

Liquidity Provider

Liquidity Provider

What is Prime of Prime Liquidity?

Let's find out why can’t brokers function without liquidity aggregation, what are the types of liquidity providers and what is Prime of Prime liquidity.

Liquidity

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Oliver

    How to Integrate Crypto Payment Gateway to Your Business?

    https://liquidity-provider.com/app/uploads/2022/07/how-to-integrate-crypto-payment-gateway-to-your-business-300x203.png

    Oliver

    How to Accept Crypto Payments as a Business

    https://liquidity-provider.com/app/uploads/2022/06/oblozhka-300x203.png

    Oliver

    What is a Crypto Payment Gateway?

    https://liquidity-provider.com/app/uploads/2022/06/shapka1-1-300x203.png

    Liquidity Provider

    Why Do Brokers Need PAMM Accounts?

    https://liquidity-provider.com/app/uploads/2022/05/why-do-brokers-need-pamm-accounts-300x203.png

    Regi Publico

    The Importance of Liquidity in Financial Planning

    https://liquidity-provider.com/app/uploads/2022/04/untitled-design-2-300x203.png

    Liquidity Provider

    What Are the Advantages of Paying with Bitcoin?

    https://liquidity-provider.com/app/uploads/2022/04/dizajn-bez-nazvaniya-3-1-300x203.png

    Liquidity Provider

    How to Promote PAMM/MAM & Copy Trading Service as a Broker

    https://liquidity-provider.com/app/uploads/2022/04/untitled-design-300x203.png

    Liquidity Provider

    How Do Crypto Payments Work?

    https://liquidity-provider.com/app/uploads/2022/03/untitled-design-10-300x203.png

    Liquidity Provider

    Top 6 Forex License Providers

    https://liquidity-provider.com/app/uploads/2022/03/frame-59318-300x203.png

    Liquidity Provider

    How to Get a FOREX License

    https://liquidity-provider.com/app/uploads/2022/03/untitled-design-1-300x203.png

    Liquidity Provider

    Top 5 Forex CRM Solutions for 2022

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-3-300x203.png

    Liquidity Provider

    5 FinTech Trends for 2022

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-2-300x203.png

    Liquidity Provider

    5 Tips for FinTech Startups

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-1-300x203.png

    Liquidity Provider

    What is NFT?

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-300x203.png

    Liquidity Provider

    What is Initial DEX Offering (IDO)?

    https://liquidity-provider.com/app/uploads/2022/01/untitled-design-1-1-300x203.png

    Liquidity Provider

    How Liquidity Provider Tokens Work

    https://liquidity-provider.com/app/uploads/2022/01/frame-59320-2-300x203.png

    Liquidity Provider

    How Does the Cryptocurrency Exchange Business Work?

    https://liquidity-provider.com/app/uploads/2021/12/frame-59315-300x203.png

    Liquidity Provider

    How Does The Forex Brokerage Business Work

    https://liquidity-provider.com/app/uploads/2021/12/frame-59303-3-300x203.png

    Liquidity Provider

    Top 10 White Label Exchange Solutions in 2022

    https://liquidity-provider.com/app/uploads/2021/12/frame-611012-300x203.png

    Liquidity Provider

    What is Liquidity Mining?

    https://liquidity-provider.com/app/uploads/2021/12/untitled-design-4-300x203.png

    Liquidity Provider

    What is Yield Farming?

    https://liquidity-provider.com/app/uploads/2021/12/untitled-design-300x203.png

    Liquidity Provider

    What is the Difference Between Centralized and Decentralized Exchange?

    https://liquidity-provider.com/app/uploads/2021/11/untitled-design-17-300x203.png

    Liquidity Provider

    What You Should Know About Energy Liquidity?

    https://liquidity-provider.com/app/uploads/2021/11/frame-59309-4-300x203.png

    Liquidity Provider

    What is Prime of Prime Liquidity?

    https://liquidity-provider.com/app/uploads/2021/11/frame-59319-3-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Copy Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2022 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy