Aristocrat Leisure Ltd., an Australian slot machine creator, has agreed to buy British gambling software developer Playtech Plc for a price of A$5 billion ($3.7 billion).
Aristocrat said in a statement Monday that it will pay 680 British pence ($9.35) per Playtech share, a premium of 58% to the company's last closing price on October 15.
The Sydney-based company Aristocrat said it shall raise [...] Read more » Aristocrat to Acquire Playtech in $3.7B Deal
Joined: May '08
Location: Germany
Age: 59 (M)
Posts: 6786
Surely a bit surprising, at leasrt for me. I didn't had that Aristocrat company on the radar, when it came to possible mergers in the online market. But this continues the concentration in online gambling that we have seen in the last years.
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20488
didnt expect that some australian company can spend some much money on such a big britsh company,especially when we know how big grow gambling have in last two years!
Joined: Sep '19
Location: Peru
Age: 29 (M)
Posts: 5395
what a crazy business, the company will sell shares to be able to finance its acquisition, this is incredible, all for sharing innovation and responsible gaming.
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20488
they are sure that they will back money with this business,but its so crazy when you see amount that they payed to them and who know how much they could pay more if they wanted from them!it just big question what they will do now for players and will game stay as they are or they will improve them!
