{"id":1087,"date":"2018-11-25T15:39:55","date_gmt":"2018-11-25T15:39:55","guid":{"rendered":"https:\/\/forbes.co.il\/e\/?p=1087"},"modified":"2021-06-29T13:26:49","modified_gmt":"2021-06-29T13:26:49","slug":"teddy-sagi-sells-remaining-shareholding-of-playtech-the-company-he-founded","status":"publish","type":"post","link":"https:\/\/forbes.co.il\/e\/teddy-sagi-sells-remaining-shareholding-of-playtech-the-company-he-founded\/","title":{"rendered":"Teddy Sagi Sells Remaining Playtech Shares"},"content":{"rendered":"<p>Globe Invest, the family office of self-made entrepreneur, <strong>Teddy Sagi<\/strong>, has confirmed that Brickington Trading Ltd has sold its remaining 15,193,489 shares in Playtech. The deal was arranged by Credit Suisse Securities (Europe).<\/p>\n<p>Globe Invest says: \u201cOver the last few weeks, Brickington Trading Ltd has been working on this divestment. The sale follows a smaller trade executed on the 12th November and is in line with our long-term diversification strategy\u201d.<\/p>\n<p><strong>\u00a0<\/strong>Teddy Sagi and his family trusts took the decision to diversify their wealth in 2016 and agreed on a strategy of investing in real estate, co-working, e-commerce and new technology ventures. Since then they have been reducing their stake in Playtech, and this final sale merely completes that continuum.<\/p>\n<figure id=\"attachment_1088\" aria-describedby=\"caption-attachment-1088\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/forbes.co.il\/e\/wp-content\/uploads\/2018\/11\/\u05dc3333\u05dc\u05d0-\u05e9\u05dd.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1088 size-full\" src=\"https:\/\/forbes.co.il\/e\/wp-content\/uploads\/2018\/11\/\u05dc3333\u05dc\u05d0-\u05e9\u05dd.jpg\" alt=\"\" width=\"480\" height=\"284\" srcset=\"https:\/\/forbes.co.il\/e\/wp-content\/uploads\/2018\/11\/\u05dc3333\u05dc\u05d0-\u05e9\u05dd.jpg 480w, https:\/\/forbes.co.il\/e\/wp-content\/uploads\/2018\/11\/\u05dc3333\u05dc\u05d0-\u05e9\u05dd-300x178.jpg 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-1088\" class=\"wp-caption-text\">Teddy Sagi | Photo: Yonathan Bloom<\/figcaption><\/figure>\n<p>Teddy Sagi says: \u201cMy focus for the last few years has been in real estate, co-working, service apartments, e-commerce and advanced technology, cyber-security and innovation companies. I consider myself part of Playtech\u2019s successful history, and I am proud of what we have accomplished together since its inception. I wish it every success in the future\u201d.<\/p>\n<p>Globe Invest Limited acts as the single family office of Teddy Sagi, and it was also established in September 2016. The office consists of a team of expert advisors who manage the interests and investments of the principal and whose job is to preserve and protect the principal\u2019s wealth, legacy and reputation, with a strong focus on corporate governance, controls and principles.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>End of an era: The family office of the Israeli entrepreneur has confirmed that Brickington Trading has sold its remaining shares in Playtech, the company Sagi founded, in order to diversify his portfolio <\/p>\n","protected":false},"author":5,"featured_media":1088,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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