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Playtech shareholders reject Aristocrat buyout deal – Metro US

Playtech shareholders reject Aristocrat buyout deal

Gambling cubes are seen in front of displayed Playtech logo
Gambling cubes are seen in front of displayed Playtech logo in this illustration taken

(Reuters) – Shareholders of British gambling software maker Playtech on Wednesday rejected a 2.1 billion pound ($2.8 billion) buyout by Aristocrat Leisure, with 45.32% votes cast against the deal at a meeting.

The outcome comes after the London-listed group earlier in the day indicated that the 680-pence-per-share deal agreed to in October was likely to fall through, and that Playtech was considering other “attractive” approaches.

($1 = 0.7438 pounds)

(Reporting by Pushkala Aripaka in Bengaluru; editing by Uttaresh.V)