Avonhurst advises on £3 billion Playtech bid

Eddie Jordan withdraws from multi-billion-pound race for Playtech https://www.avonhurst.com/ LONDON – Avonhurst client JKO Play has withdrawn a potential takeover offer for the gambling company Playtech. JKO Play is owned by former Formula One team owner Eddie Jordan's family office and gambling industry veteran Keith O'Loughlin. The company, which currently holds a 0.51% stake in Playtech had reviewed the possibility of placing a bid in excess of £3 billion for the acquisition of Pl