Acquisition of CFH set to go through on November 30

buy — Deal terms: Playtech will pay an initial $43.4m to acquire a 70% stake in CFH

- Eva Szalay
- 25 Nov 2016

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Gaming and financial technology provider Playtech's acquisition of straight-through-processing (STP) broker Consolidated Financial Holdings (CFH) – a deal worth up to $120 million – is expected to be finalised on November 30, some two weeks after the agreement was announced.

As part of the deal, Playtech will pay an initial $43.4 million to acquire a 70% stake in CFH, while the remaining 30% will be subject to a put-and-call option exercisable in 2019, with the consideration to be based on CFH's

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