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Aristocrat makes $3.9b bid for Playtech

 
Aristocrat Leisure has made a £2.1 billion ($3.9 billion) bid for UK online gambling software and content supplier Playtech, offering new growth areas for the gambling machine maker.
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Aristocrat said Playtech’s board and its largest shareholder, with an about 21 per cent stake, have backed its offer which is at a 58 per cent premium to the London-listed Playtech’s last closing price.

The $29 billion company entered a trading halt on Monday morning to announce the proposed aquisition to the Australian Securities Exchange, after more than 12 months on the hunt for a company of Playtech’s size and calibre.

Chief executive officer Trevor Croker said management scoured the market to assess a swathe of companies before deciding on Playtech, eventually landing on the British company because it has the software and global footprint to scale up business to business and customer-facing products
18+ | Juegoseguro.es – Jugarbien.es
   
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