Playtika launches portfolio-wide strategic review
Playtika Holding leading mobile gaming entertainment company, today announced that as part of the ongoing efforts of Playtika’s Board of Directors to enhance shareholder value, a Special Committee of the Board of Directors, comprised solely of independent directors, is conducting a comprehensive review and evaluation of strategic alternatives across its portfolio.
The Special Committee is evaluating opportunities and alternatives to unlock and enhance shareholder value and has retained Morgan Stanley & Co. LLC to act as financial advisor.
There can be no assurance that the strategic review process will result in any strategic transaction. Playtika does not currently intend to disclose developments related to the strategic review process unless and until the Special Committee and Board have approved a course of action for which further disclosure is appropriate.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer or sale of any securities in any state or other jurisdiction in which, or to any person to whom, such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.