Eddie Jordan has won the financial backing of Vikrant Bhargava in his bid for supplier Playtech, as reported by the Sunday Times.
Bhargava is an Indian-born British businessman, who is the Co-founder of the online casino and poker operator PartyGaming. Bhargava allegedly has committed to part-financing Jordan’s gaming outfit JKO Play.
Initially, Playtech had received a $2.7bn purchase offer from Aristocrat, but the provider decided to push back shareholder approval of the Aristocrat deal. The vote, which originally had to take place on 12 January, will now be held on 2 February.
The deadline was pushed back to give more time to come up with a $3bn counter-offer from a consortium led by Formula One tycoon Jordan.
