Hedge Funds & Alternative Investments
Regulation, Risk & Compliance
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Wealth and Asset Management
An Israeli gambling company beat one of Britain's biggest hedge funds in the takeover battle for Plus500
Odey Asset Management, the $US13.1 billion £8.4 billion London hedge fund, just lost a takeover battle for the UK-listed stock-trading firm it owns 25% of. Around 67% of Plus500 shareholders voted to sell Plus500 to Israeli gaming software company Playtech at a special general meeting held in London today —…
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Click here to read the full story: Business Insider