Vitasoy heiress builds stake in Playtech... - Part 3
JKO Play, the investment vehicle led by former Formula One boss Eddie Jordan, has lined up Nickleby Capital to advise and raise the financing for its £2.7 billion plus takeover bid for Playtech, the FTSE 250-listed gaming company.
The thing is, though, is Betaville can't tell whether Nickleby's appointment is bullish or bearish for JKO's counter tilt at Playtech.
Why? Well, I have never heard of Nickleby Capital, which is actually promoting its role on the Playtech deal on its website despite the fact that it has yet to be concluded. Below is the link:
https://nicklebycapital.com/our-investments/
That in itself is a bit unusual and rarely seen during public company takeover battles, especially with companies listed in the United Kingdom.
But perhaps this is part of the new Web3 era of dealmaking...?..
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