Exclusive Interview: Ron Hoffman and Christian Frahm Discuss the Playtech/CFH Deal

[kreslik.news]

The surprise deal between Playtech and CFH Group is sure to be one of the main topics of discussion at the Finance Magnates London Summit in 2016, which is to start later today at The Brewery on Chiswell Street in Central London. The decision by Playtech to purchase CFH Group for $120 million surprised the industry and is sure to cause a stir in the business-to-business segment of the market.

The deal comprises an initial payment of $43.4 million (€39.8 million), 70% of CFH’s fully diluted share capital, representing a multiple of approximately 7x the current EBITDA run rate; and an additional consideration for the ... (read more)