Playtech Agrees to Buy Plus500 for GBP459.6m

Under terms, Plus500 shareholders to get 400p per shr in cash.

  • Deal values the entire issued ordinary share capital of Plus500 at ~GBP459.6m
  • Plus500’s Board expects group rev. for 2015 to be lower than in 2014, with margins expected to be significantly lower due to maintained marketing spend.
  • Statement: Link
  • Earlier: Cable Car Capital Remains Short Plus500, Lowers PT to 52p Link

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