Teddy Sagi’s Playtech Losing Two Major Acquisitions In One Day
Major London listed gambling software company Playtech may have suffered a double reverse as it has been forced to cancel one major acquisition, with a second also, seemingly, headed for the rocks. More...
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...
Major Plus500 shareholder opposes Sagi takeover
Playtech Cyprus Ltd.’s (LSE:PTEC) offer to purchase for Plus500 Ltd. (AIM: PLUS) shares was welcomed by the company’s five founders (their consent highlights their lack of confidence in the company’s More...
Teddy Sagi’s Playtech to buy Plus500 for $670 million
Israeli billionaire Teddy Sagi‘s Playtech Plc acquires retail forex trading company Plus500 for about $670 million, in cash, a price way below its $1.31 billion pre-crisis value. Israel-based but More...
Alon Gonen: We want to make Plus500 much bigger
– The online securities trading company co-founder has unusual ideas about money and tax planning. – On one of the walls in the lobby of Plus500’s offices in Haifa is written the sentence, More...
Plus500 reports impressive AIM debut results
– The online trading company has reported first half double-digit revenue and profit growth, which underpin the 18% gain in the share price since its July IPO. – Founders Gal Haber and Alon Gonen – Online More...
Online Trading Platform Plus500 To Offer Shares in London AIM IPO
– The online trading platform is seeking to raise $50 million at a company value of $225 million. – – / By Ilan Shavit/ Israeli Plus500 Ltd., an online trading platform, today announced More...