Playtika Holding Corp. Announces Review of Strategic Alternatives

Playtika Holding Corp. has announced that a special committee of its board of directors, composed entirely of independent directors, is undertaking a comprehensive review and evaluation of strategic alternatives across its portfolio. This initiative aims to enhance shareholder value. The company has retained Morgan Stanley & Co. LLC as its financial advisor for this process. Playtika cautions that there is no guarantee that this strategic review will result in any specific transaction. The company does not plan to disclose further details regarding the review unless the Board approves a course of action requiring such disclosure. The company also detailed potential risks and uncertainties associated with this process, including the outcome of the review, potential disruptions to business, and market dynamics. Playtika stated that it does not intend to update forward-looking statements unless required by law.