Playtech accused of egregious shareholder value exploitation

Playtech has been charged with "the most egregious case of shareholder value expropriation in the history of UK public markets" in relation to the bonuses that senior executives will get after Snaitech is sold to Flutter Entertainment.

For a cash consideration of €2.3 billion, Playtech agreed to sell Snaitech to Flutter last month. The igaming company said it would be concentrating on its "technology-led offering in high-growth gambling markets."
 
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