Aristocrat Leisure : announces acquisition of Plarium ... By Reuters Staff. Aristocrat Leisure Limited (ASX: ALL) today announced that it has entered into an agreement to acquire North American based gaming machine provider Video Gaming Technologies, Inc. (VGT) for total consideration of approximately US$1,283 million in cash, subject to certain adjustments1 and regulatory approvals. The Australian gaming machine firm Aristocrat has closed an all-cash $990 million acquisition deal for Big Fish Games. Aristocrat Leisure The London-listed company Playtech is also in the process of getting acquired by Australia’s Aristocrat Leisure for $3.7 billion. Playtech shareholders approve sale of Playtech's financial trading division, Finalto, meeting a key condition of Aristocrat's offer The acquisition will be funded with existing cash ($1.1b), a new Term Loan B issuance of about $2.8b as well as by raising equity (S1.3b). Aristocrat closes $990 million Big Fish acquisition ... Play Aristocrat Slot Machines Online. Acquisition Bidco, a wholly-owned subsidiary of Aristocrat Leisure, has agreed to pay 680 pence ($9.35) per share in an all-cash deal to become the new owner of the online gambling software giant. The new Easy Money Class II WAP marks the first fruit of collaboration between VGT and Aristocrat since the Australian company closed on its VGT acquisition last October. The deal was announced at the end of … Aristocrat Leisure’s offer to acquire Playtech values the London-Stock-Exchange-listed online gambling software and content supplier at an enterprise value of $5 billion. If the acquisition gets approved by shareholders, the new business will employ staff in 24 countries and territories worldwide, boasting seven studios and operating in 30 regulated jurisdictions. Slot machine maker and online gaming content provider Aristocrat Leisure Ltd says it has raised approximately AUD895 million (US$674.2 million) via an institutional entitlement offer, at AUD41.85 per ordinary share. The acquisition values Playtech at around £2.1 billion and while some might say that this is easy money – the offer is at a significant premium to Monday’s price – it is worth noting that between 2013 and 2018, the Playtech share price ranged from 800-1000 pence. The £2.7 billion deal put forward to investors is dependent on Aristocrat Leisure fulfilling conditions of its scheme document, including securing a shareholder guarantee on the sale of Finalto – Playtech’s financial brokerage, which Gopher seeks to acquire. Aristocrat says no guarantee Gopher bid for Playtech will emerge. Aristocrat continues to expect to complete the Recommended Acquisition as planned in the second quarter of calendar year 2022. Aristocrat Leisure Limited (ASX: ALL) is a global gaming content and technology company and mobile games publisher. The latest Aristocrat free casino slot games for fun or real money online casino games are designed for iPads, PCs, and Android devices. The company has two operating units: Aristocrat Gaming and Pixel United. The Aristocrat Leisure share price is up 46% in 2021. Playtech has agreed to an acquisition by Australian slot machine industry veteran Aristocrat Leisure in a deal worth €3.2 billion, the latter announced.. As Aristocrat Leisure shared previously now, the acquisition offer would provide it with content scale in the on the web gambling and sporting activities betting phase, identified as on line authentic-revenue gambling. The company has two operating units: Aristocrat Gaming and Pixel United. Australian gaming supplier Aristocrat Leisure Ltd today announced that it has entered into an agreement to acquire Video Gaming Technologies Inc (VGT). The Seattle-based company has a large portfolio of mobile, PC and online titles across genres such as casual and social casino. Playtech shareholders are being offered 680p (US$9.35) per share; Aristocrat will raise $964.21m in equity to help fund the acquisition; Shares in Playtech rose … Aristocrat Leisure Ltd today announced the acquisition of all material assets of Paltronics Inc. , including IP relating to product. The company has two operating units: Aristocrat Gaming and Pixel United. In August, Aristocrat revealed that it had agreed a deal to purchase the Israeli-based company for an upfront amount of $500m (€423.5m). Aristocrat Leisure Limited, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally. By Eva Brocklehurst The acquisition is still subject to a series of legal approvals, including a minimum of 75% approval from Playtech shareholders, and complex closing conditions. Australian gambling machine manufacturer and global gaming tech business Aristocrat Leisure is making waves across the globe today, thanks to a $3.9 billion takeover bid for Playtech, the world's largest online gaming software supplier. Updated Oct 18, 2021 – 6.33pm , first published at 12.17pm Save Aristocrat Leisure Limited is expanding its digital footprint with the acquisition of Helsinki’s FuturePlay studio and Poland’s Playsoft, along with establishing a third new studio, according to Aristocrat Digital CEO Michael Lang (l.). As announced by Aristocrat Leisure itself, the Sydney-based poker machine manufacturer would take over Playtech, a UK online gambling and sports betting developer, in a deal estimated at £2.1 billion (almost AU$4 billion). 1996 Aristocrat Leisure Limited goes public – on the Australian Stock Exchange. UBS downgraded Aristocrat’s share price target by 2.5 per cent to $53.60, Macquarie cut its expectations by 1.9 per cent to $51.75, while Morgans inched 1 per cent lower to $51.75. Aristocrat Leisure announced Thursday its financial results for the fiscal year 2021, running from 1 October 2020 to 30 September 2021, and reported an 81% growth in profits in a year-over-year comparison, reaching $628 million; and a 43% increase in EBITDA.. Aristocrat Leisure’s $3.9 billion acquisition is designed to set it up for growth over the next five years. Aristocrat Leisure Limited Half-year report 31 March 2021 31 March 2021 $’m Revenue from ordinary activities down 1.0% to 2,229.7 Profit from ordinary activities before tax up 21.4% to 461.5 Playtech's profitable B2B and B2C operations (primarily in Italy) already generate EBITDA margins in excess of 20%. Aristocrat Leisure has today (Friday) finalised its previously announced acquisition of social gaming company Plarium Global Limited. Previously, on Oct. 17, Playtech had agreed to a GBP2.1 billion takeover from Aristocrat Leisure Ltd., and Playtech has said it also received a preliminary acquisition approach from JKO Play Ltd. on Nov. 5. Aristocrat Lotteries is based in Stockholm and is the exclusive server-based gaming provider for Norwegian lottery Norsk Tipping's VLTs and supplies its system to a major operator in Italy - … Australian slot machine giant Aristocrat Leisure Ltd says it has raised AU$895 million (US$673 million) to help finance its proposed acquisition of online gaming platform Playtech plc following successful completion of an institutional entitlement offer. Aristocrat Leisure Limited (ASX: ALL) is a global gaming content and technology company and mobile games publisher. Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7 billion). Shares in the company are down nearly 1% to $45.22 … JKO’s interest follows a £2.7 billion acquisition offer made by Australian gambling equipment maker, Aristocrat Leisure. The company had made a preliminary 3 billion pound ($4.05 billion) bid for Playtech, which it first disclosed on Nov. 8. Aristocrat offers a diverse range of products and services including electronic gaming machines, video lottery terminal systems and casino management systems. The Group also operates within the online social gaming and real money wager markets. For further information visit the Group’s website at www.aristocratgaming.com. REUTERS/Dado Ruvic/Illustration (Reuters) – Australia’s Aristocrat Leisure said on Wednesday its 2.1-billion-pound deal to buy London-listed gambling software maker Playtech (LON:PTEC) was expected to complete in the second quarter of […] Arguably one of the big three ‘original’ software providers to the online gambling industry, Playtech has accepted a bid from Australian firm Aristocrat Leisure of $2.9 billion (£2.1 billion). BRIEF-Aristocrat Leisure Announces Acquisition Of Big Fish Games. Australian gaming supplier Aristocrat Leisure Ltd today announced that it has entered into an agreement to acquire Video Gaming Technologies Inc (VGT). Aristocrat will pay US$1.28 billion in cash for the U.S.-based gaming machine provider, it said in a filing to the Australian Securities Exchange. Gopher Investments, the largest Playtech shareholder and recently bought Finalto, also made an offer to acquire Playtech. An Australian gambling equipment maker, Aristocrat Leisure has agreed to purchase London-listed Playtech plc, a major gaming software developer, for the price of £2.7 billion ($3.7 billion). Aristocrat welcomed 2018 with an announcement that they’ve completed the acquisition of Seattle’s Big Fish Games for $1.3 billion. Nov 30 (Reuters) - Aristocrat Leisure Ltd: Aristocrat Leisure has called on Playtech shareholders to back its GBP2.7 billion bid ($3.65 billion) for the company, saying there is no guarantee alternative suitor, Gopher Investments, will make a firm offer. Aristocrat will pay 680 pence for each Playtech share in an all-cash deal, representing a premium, of 58.4% to the 429.2 pence per share closing price of Playtech shares on 15 October, the last trading day before the acquisition announcement. Aristocrat Leisure Limited (Aristocrat) (ASX: ALL) today announced that it has entered into a ... Aristocrat will fund the acquisition via existing cash and an incremental US$890 million 7 year Term Loan B debt facility. -Difficult to predict when social casino apps will stop growing. Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7 billion). Aristocrat acquires Video Gaming Technologies. Aristocrat Leisure is among the top traded stocks on the ASX boards on Friday. The acquisition confirms a stronger focus on digital gaming. Aristocrat Leisure Limited (ASX: ALL) today announced that it has entered into an agreement to acquire North American based gaming machine provider Video Gaming Technologies, Inc. (VGT) for total consideration of approximately US$1,283 million in cash, subject to certain adjustments1 and regulatory approvals. Aristocrat Leisure’s proposed $5bn takeover play for UK online gambling software and content supplier Playtech is facing competition from a … Pixel United encompasses the Product Madness, Plarium and Big Fish Games businesses. The deal also marks Aristocrat's second acquisition under new chief executive Trevor Croker, chief financial officer Toni Korsanos and head of strategy :Luke Bortoli. IMPORTANT NOTICES AND DISCLAIMER Summary information This presentation contains summary information about Aristocrat and its subsidiaries and their activities current as at 7 July 2014.
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