Playtech Calls Off Plus500 Deal on Financial Regulator Concerns

  • Playtech says unable to appease watchdog by Dec. 31 deadline
  • Plus500 planning for `independent future' after failed deal

Playtech Plc, a gambling software provider, terminated a planned acquisition of Plus500 Ltd. because it’s unable to address concerns by the U.K.’s Financial Conduct Authority by a Dec. 31 deadline. The company didn’t specify what the issues were.

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