Playtech confirms Finalto takeover approach Share Playtech Plc has entered discussions with an ‘Israel based consortium’ with regards to the sale of its Finalto financial trading unit. The FTSE250 technology group issued a short statement confirming media speculation that it had entered talks to offload Finalto to a consortium formed by Barinboim Group, Menora Mivtachim Insurance. Playtech said it was reviewing a cash offer from the Consortium of up to $200 million, of which $170 million will be payable on completion of the deal. It added that approximately US$110 million of capital required to run the business will be transferred with the business upon any sale.