Playtech stands by ‘long term prospects’ following TTB rejection
The board of Playtech Plc has informed investors that Hong Kong investment fund TTB Partners will no longer submit a takeover offer for the FTSE250 gambling technology group. Issuing a statement, TTB detailed that “due to challenging underlying market conditions it is not intending to make an offer for Playtech Plc”. TTB’s withdrawal follows Playtech’s …
