Playtech, the popular online bingo software developer has earmarked the phenomenal amount of ₤112 million for new acquisitions. They managed to raise this money by floating 21 620 946 new ordinary shares onto the stock market at a price of 52p each. The fact that the shares were snatched up and the company raised so much money with the sale of these shares indicates that there is a great deal of investor confidence in Playtech.

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