Playtech sells stake in Plus500 trading platform

Gambling-software company Playtech PLC (PTEC.LN) said Friday that it has sold its entire stake in online trading platform Plus500 Ltd. (PLUS.LN) for around 176 million pounds ($227.5 million). Playtech said it sold 11.4 million shares in Plus500, representing 10% of the company's issued share capital, at 1,550 pence each.

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