Edition:
United Kingdom

Playtech PLC (PTEC.L)

PTEC.L on London Stock Exchange

413.30GBp
18 Jan 2019
Change (% chg)

7.80 (+1.92%)
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405.50
Open
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425.80
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Volume
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Fri, Sep 7 2018

Playtech offloads Plus500 stake for $228 million ahead of Italy buy

Playtech said it has sold its 10 percent stake in retail online trading platform Plus500 for about 176 million pounds ($228 million) as it looks to refinance debt.

Playtech offloads Plus500 stake for $228 mln ahead of Italy buy

Playtech said it has sold its 10 percent stake in retail online trading platform Plus500 for about 176 million pounds ($228 million) as it looks to refinance debt.

UPDATE 2-Playtech offloads Plus500 stake for $228 mln ahead of Italy buy

* Sale comes after Plus500 founders sell shares (Adds Odey Asset Management stake, details, shares)

Playtech sells stake in Plus500 for $228 mln

Sept 7 Playtech Plc has sold its entire 10 percent shareholding in online retail trading platform Plus500 for about 176 million pounds ($228 million), the company said on Friday, giving no details on the buyer.

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