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Playtech shareholders reject Aristocrat buyout deal

Published 02/02/2022, 13:45
Updated 02/02/2022, 13:52
© Reuters. FILE PHOTO: Gambling cubes are seen in front of displayed Playtech logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration
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(Reuters) - Shareholders of British gambling software maker Playtech (LON:PTEC) on Wednesday rejected a 2.1 billion pound ($2.8 billion) buyout by Aristocrat Leisure, with 45.32% votes cast against the deal at a meeting.

© Reuters. FILE PHOTO: Gambling cubes are seen in front of displayed Playtech logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration

The outcome comes after the London-listed group earlier in the day indicated that the 680-pence-per-share deal agreed to in October was likely to fall through, and that Playtech was considering other "attractive" approaches.

($1 = 0.7438 pounds)

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