(Reuters) -Gambling software maker Playtech does not expect its shareholders to approve its proposed takeover by Australia's Aristocrat, the British company said on Wednesday, adding it was also looking at other deal proposals.
The news sent Playtech shares down nearly 5% to 550 pence in early trading.
Playtech needs approval from 75% of shares voting at its general meeting scheduled later in the day to go ahead with the 2.1 billion pound ($2.84 billion) offer from Aristocrat.
"The emergence ...
>>> Read more: Aristocrat's buyout of Britain's Playtech set to fail
The news sent Playtech shares down nearly 5% to 550 pence in early trading.
Playtech needs approval from 75% of shares voting at its general meeting scheduled later in the day to go ahead with the 2.1 billion pound ($2.84 billion) offer from Aristocrat.
"The emergence ...
>>> Read more: Aristocrat's buyout of Britain's Playtech set to fail
