Playtech (GB:PTEC) has released an update.
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Playtech PLC has acknowledged ongoing media speculation by confirming it is in advanced discussions with Flutter Entertainment regarding the potential sale of its Snaitech business, rumored to be worth around £2 billion. While the company has granted Flutter exclusivity to conduct due diligence, there is no certainty that the deal will be finalized or what the terms might be. Further updates will be provided as the situation develops.
For further insights into GB:PTEC stock, check out TipRanks’ Stock Analysis page.
