Gaming technology company Playtech said it intended to challenge an Irish Central Bank decision opposing its $105m acquisition of Ava Trade.
Playtech, founded by Israeli billionaire Teddy Sagi, said the Central Bank had reverted to the company's Irish legal advisers and clarified its position.
The company had said yesterday that it would try to discuss certain issues raised by the bank, which it believed could be addressed to its satisfaction.
Playtech, however, did not say what the issues were.
Playtech, which counts Betfair Group, William Hill and Paddy Power as its licensees, agreed to buy online derivatives broker Ava Trade in July to strengthen its position in the forex trading market.
Isle of Man-based Playtech is still awaiting regulatory approval for its acquisition of forex trading platform owner Plus500 that it had agreed to buy for £460m in June.
Both the AVA Trade and Plus500 deals had been expected to be completed by the end of September.
