Eddie Jordan gets breathing space to compile Playtech bid
JKO Play has until January 26 to make a play for the £3 billion gaming software giant
JKO Play, the investor backed by Eddie Jordan, has been given more time to submit a bid for Playtech, the £3 billion-plus gaming software company.
Britain’s Takeover Panel has granted an extension allowing JKO until January 26 to submit a formal intention to make an offer.
Jordan’s team has also secured backing from online gambling industry figure Vikrant Bhargava, a co-founder of Partygaming for the planned bid. Sources close to the plans said that Bhargava ...