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Playtech Announces Completion of TradeFX Acquisition

Internet betting firm Playtech has announced the completion of its acquisition of TradeFX, as all of the contingencies regarding the deal have been completed.

The deal has been completed as Playtech and TradeFX received permission from the Cyprus Securities and Exchange Commission. As a result of the deal's completion, TradeFX financials will be rolled into Playtech's as of May 8th, 2015, meaning that the firm will contribute 7 months of financials to the Isle of Man based company.

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