Teddy Sagi’s Playtech terminates $700 million deal for Plus500

  Israeli billionaire Teddy Sagi’s Playtech PLC, said Monday its planned 459.6 million pound ($697.9 million) acquisition of Plus500 Ltd. has been terminated as a result of regulatory concerns in More...

Teddy Sagi’s Playtech continues FX acquisition spree, buying Israeli AvaTrade for $105 million

Playtech Cyprus Ltd. (LSE:PTEC), controlled by Teddy Sagi, announced that its subsidiary TradeFX will buy Israeli company Ava Trade for $105 million. Founded in 2006 by CEO Emanuel Kronitz and CMO Negev More...