Aristocrat’s Playtech takeover bid is likely set to collapse
Playtech’s £2.7 billion sale to Australian slot machine maker Aristocrat is on the verge of collapse.
The London-listed gaming group warned that proxy votes received to date show the deal is unlikely to win investor approval. The final results of a shareholder vote will be announced later today. The Australian gambling group’s offer is now expected to lapse, forcing Aristocrat to “accelerate alternative plans”.
