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.
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