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Aristocrat Acquiring Playtech, Deal Values Target at $3.71BWritten by: Todd Shriber

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Aristocrat Technologies, one of the world’s largest makers of gaming machines, is acquiring rival Playtech for 680 pence ($9.35) in cash — a 58.4 percent premium to the target’s Oct. 15 closing price. The offer values UK-based Playtech at $3.71 billion on an enterprise value basis, which is a combination of a company’s market capitalization
The post Aristocrat Acquiring Playtech, Deal Values Target at $3.71B appeared first on Casino.org.
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