Tag: gaming industry in the philippines
Aristocrat Leisure Limited persevering with proposed Playtech purchase
Australian gaming machines innovator Aristocrat Leisure Limited has reportedly announced that it has raised just shy of $949 million in cash to aid its envisioned acquisition of British online casino games and software developer Playtech.
According to a report from Inside Asian Gaming, the Sydney-headquartered firm floated a proposition worth approximately $3.7 billion last month that would see it see it purchase all of the target’s outstanding shares at an individual price of about $9.10. The source detailed that such a merger would create an entity with a considerable stake in bot…