Hedge Fund Giant Crispin Odey is About To Lose Battle For Plus 500

(Financial Insider) It looks like Playtech’s £459.6 million ($702.05 million) acquisition of troubled trading firm Plus500 is going to go ahead — despite Plus500’s biggest shareholder opposing the deal.

Playtech just announced that it has bought 10.75 million shares in Plus500, equivalent to 9.36% of the company.

Read more: http://www.businessinsider.com/hedge-fund-giant-odey-asset-management-is-about-to-loose-to-playtech-in-the-plus500-takeover-battle-2015-6#ixzz3dVpO6qiI

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply