Watching Playtika; Hearing Rumor That Mobile Game Developer Has Attracted Takeover Interest From Private Equity Firms CVC Capital Partners And Advent International, According To Three Sources Familiar
Portfolio Pulse from Happy Mohamed
Mobile game developer Playtika has reportedly attracted takeover interest from private equity firms CVC Capital Partners and Advent International, according to three sources familiar with the matter.
June 08, 2023 | 4:10 pm
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Playtika's stock may see a short-term boost due to takeover interest from CVC Capital Partners and Advent International.
Takeover interest from reputable private equity firms like CVC Capital Partners and Advent International can lead to a higher valuation for Playtika. This news may cause investors to buy the stock, driving up the price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100