Playtech to challenge Central Bank objection to Ava Trade deal

Gaming technology firm Playtech said it intends to formally challenge the Central Bank of Ireland’s objection to its $105 million acquisition of Ava Trade

5th October, 2015

Gaming technology firm Playtech said it intends to formally challenge the Central Bank of Ireland’s objection to its proposed $105 million (€94 million) acquisition of Ava Trade.

The company announced yesterday that it had received a letter from the Central Bank opposing the deal.

Playtech, which is headquartered in the Isle of Man and was founded by Israeli billionaire Teddy Sagi, announced in July that it had agreed to buy Dublin-based online derivatives broker...

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