Ex-F1 team boss Eddie Jordan considering £3bn bid for Playtech
The former Formula One team owner Eddie Jordan is part of a consortium considering making a £3bn offer for Playtech, as the London-listed gambling software supplier becomes the focus of a potential bidding war.
Last month, Playtech’s board recommended shareholders accept a £2.7bn takeover offer from Aristocrat, the Australian slot machine developer, and a rival offer from its second-biggest shareholder Gopher Investments.
JKO Play, the consortium set up by Jordan and Keith O’Loughlin, who formerly ran the sports betting operation of the Nasdaq-listed Scientific Games, confirmed it was “evaluating making a competing offer for Playtech”. JKO is in talks with the US-based investment firm Centerbridge, among other potential partners, to finance a
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