UPDATE: Playtech takeover by Aristocrat Leisure axed by shareholders

(Alliance News) - Playtech PLC said on Wednesday that its acquisition by Aristocrat Leisure Ltd .

Alliance News February 2, 2022 | 15:27

(Alliance News) -Play Tech Peelcy announced on Wednesday that it was rejected in court and general meeting because Ariste Crat Leisure Limited did not obtain a necessary approval. The sum of the votes for the resolution was 56. 13 % in court, 54. 68 % at the general meeting, below the lowest standard. As a result, the acquisition of PlayTech by Classie Recreation has been discontinued and planned. Early in the morning of Wednesday, Play Tech pointed out that the acquisition was likely to be rejected by shareholder voting. The gaming software company said that shareholders are unlikely to support the acquisitions of the nobles registered in Sydney because the vote of the power of attorney to date has not reached at least 75 % of the approval standards. If this is confirmed by a voting at an annual general meeting held on Wednesday morning, Ariste Clut will not be acquired. This was a week ago, following a statement published by PlayTech, confirming that it supports the acquisition by Aristkat in response to the media report that Asi a-based shareholder groups are planning to prevent acquisitions. 。 Aristocrat said on Wednesday morning that the acquisition was unlikely to be established, saying that he has taken all means to deal with the shareholder group. < SPAN> (Alliance News) -Play Tech Peyelcy announced on Wednesday that it was rejected in court and general meeting because Ariste Crat Leisure Limited did not obtain a required approval. The sum of the votes for the resolution was 56. 13 % in court, 54. 68 % at the general meeting, below the lowest standard. As a result, the acquisition of PlayTech by Classie Recreation has been discontinued and planned. Early in the morning of Wednesday, Play Tech pointed out that the acquisition was likely to be rejected by shareholder voting. The gaming software company said that shareholders are unlikely to support the acquisitions of the nobles registered in Sydney because the vote of the power of attorney to date has not reached at least 75 % of the approval standards. If this is confirmed by a voting at an annual general meeting held on Wednesday morning, Ariste Clut will not be acquired. This was a week ago, following a statement published by PlayTech, confirming that it supports the acquisition by Aristkat in response to the media report that Asi a-based shareholder groups are planning to prevent acquisitions. 。 Aristocrat said on Wednesday morning that the acquisition was unlikely to be established, saying that he has taken all means to deal with the shareholder group. (Alliance News) -Play Tech Peelcy announced on Wednesday that it was rejected in court and general meeting because Ariste Crat Leisure Limited did not obtain a necessary approval. The sum of the votes for the resolution was 56. 13 % in court, 54. 68 % at the general meeting, below the lowest standard. As a result, the acquisition of PlayTech by Classie Recreation has been discontinued and planned. Early in the morning of Wednesday, Play Tech pointed out that the acquisition was likely to be rejected by shareholder voting. The gaming software company said that shareholders are unlikely to support the acquisitions of the nobles registered in Sydney because the vote of the power of attorney to date has not reached at least 75 % of the approval standards. If this is confirmed by a voting at an annual general meeting held on Wednesday morning, Ariste Clut will not be acquired. This was a week ago, following a statement published by PlayTech, confirming that it supports the acquisition by Aristkat in response to the media report that Asi a-based shareholder groups are planning to prevent acquisitions. 。 Aristocrat said on Wednesday morning that the acquisition was unlikely to be established, saying that he has taken all means to deal with the shareholder group.

JKO Play confirmed it has no intention of making an offer for PlayTech, leaving Aristocrat as the only contender to acquire the gaming company. Meanwhile, Playtech also said early on Wednesday that trading in Business and Business and Business and Business and Business has been strong since November. The sale of Finalt's financial trading division to Gopher Investments is expected to close in the second quarter. Playtech shares were up 0. 6%, or 50 basis points, at A$580 each in London afternoon on Wednesday. Aristocrat shares were up 0. 9% at A$41. 29 in Sydney morning on Wednesday. Elizabeth Winter (elizabethwinter@alliancenews. Greg Roxburgh (gragroxburgh@alliancenews. com) Copyright 2022 Alliance News Limited.

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Securities Mentioned in Article

Is British stock a safe shelter from hig h-tech selling in the United States? "Is the UK a safe place? There is a possibility. Is it a safe place? Probably not.	Securities name	price	Change rate (%)
Morning Star evaluation	Play Tech PLC	640, 00 GBX	-
1, 59	Aristo Clear Leisure Limited	54, 71 AUD

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The Morning Star Star Ranking is given based on the estimation of the fair value of shares by analysts. It is just a prediction / view, and does not describe the facts. Morning Star is given a star rating based on the estimation of the fair value of shares by analysts. (1) Estimated value of the company's financial moat, (2) estimated value of the brand, (3) uncertainty over the estimated value of the fair value, (4) current market price. This process fruits in a singl e-point star evaluation that is updated every day. The five stars indicate the belief that the brand is worth sufficient in the current stock price, and that the first star is not. If the basic assumptions are correct, the market price will usually converge to a fair value within three years over time. Securities investment is affected by market risks and other risks. Securities' past performance may be maintained in the future, or may not be maintained, and does not suggest future performance. Click here for more information about stock rating by Morning Star. < SPAN> House price, the average housing price in the UK rose to 280 in August 280 in August in August, rising to 292. 505 pounds in August in August.

Nvidia's stock price retreated by 15 % by profit. Is it buying? With the investment in artificial intelligence and the increase in government expenditures in data centers, we believe:

Is British stock a safe shelter from hig h-tech selling in the United States? "Is the UK a safe place? There is a possibility. Is it a safe place? Probably not.

Securities name

price

Change rate (%)