(Corrects story throughout to show Playtech received a takeover
approach from JKO and earlier from Gopher, not takeover bids or
offers)
Nov 17 (Reuters) - Online gambling software developer
Playtech Plc said it had received a takeover approach
from JKO Play Limited, a company controlled by former F1 boss
Eddie Jordan and Keith O'Loughlin, a former executive at U.S.
slot machine maker Scientific Games.
JKO is seeking access to due diligence information in order
to explore the terms of a potential takeover offer, Britain's
Playtech said in a statement, the latest in a series of takeover
interest for the firm.
Playtech said it put out the statement in response to media
speculation of the possible takeover offer and without JKO's
prior consent. JKO could not immediately be contacted for a
comment.
The news was first reported by Sky News, which said https://bit.ly/3DzmjEw
that Jordan was part of a consortium plotting a bid for
Playtech of over 3 billion pounds ($4.05 billion).
JKO had indicated to Playtech it was in discussions with New
York-based Centerbridge Partners L.P. to provide institutional
debt and structured capital funding, Playtech said, adding that
Centerbridge had not yet made any financing commitments.
Centerbridge did not immediately respond to a Reuters
request for comment.
Playtech said discussions with JKO were at an early stage
and there was no certainty they will result in a takeover offer.
The takeover approach comes after Australian gambling
machine maker Aristocrat Leisure said last month it
would buy Playtech for 2.1 billion pounds.
Weeks later, Playtech said it was in talks with its
second-biggest shareholder, Gopher Investments, over a possible
takeover offer.
($1 = 0.7416 pounds)
(Reporting by Juby Babu in Bengaluru; Editing by Ana Nicolaci
da Costa and Emelia Sithole-Matarise)