Teddy Sagi Boosts SafeCharge Stake with £13m Investment

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Teddy Sagi Boosts SafeCharge Stake with £13m Investment

Postby kreslik.news » Wed Sep 26, 2018 11:41 am


Israeli entrepreneur Teddy Sagi has increased his stake in SafeCharge. According to a regulatory filing he has purchased another 4 million shares to bring his total stake in the company to 68.34%.

The move comes as the Israeli magnate has been reducing his stake in Playtech, a company which he founded.

The other side of the transaction was a company related to the CEO and co-founder of SafeCharge, David Avgi. This is the first time he is cashing out of the company.

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SafeCharge Growth

In recent years, SafeCharge has ... (read more)

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