Aristocrat Agreed To The Acquisition Of Playtech For 3.7 Billion Us Dollars

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May 10, 2022
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A large australian manufacturer of gaming machines and software for the sphere of gambling aristocrat announced the completion of the largest transaction in its history to acquire the authoritative company. The amount of the contract will be $ 3.7 billion us dollars. Calculation calculation was made based on the current assets price of the eminent brand.

The proposal estimates one share of playtech at $ 9.35, which is about 58% of the last indicator before trading is closed on october 15. This information was confirmed by the press service of the australian developer.

The deal, continued aristocrat, will also allow distribution, technologies and content of its and playtech to satisfy a wider range of customer needs and users. Along with this, the power playtech snaitech will provide its presence in sevel european markets. Joint business will hire staff in 24 countries and will also be able to work in 30 regulated jurisdictions with 170 global licensees.

"This transaction is a convincing coordination of strategic interests and confirms our long-standing idea of ​​the value of playtech," said springowl asset management general director and one of the largest shareholders of playtech jason aer.

Ceo aristocrat trevor crockker added: "the proposed combination will bring together the game content of world-class aristocrat, relationships with clients and regulatory authorities with the industry leading global online platform for real money playtech.

We note, against the background of this part of the softwareal news, the shares of the gambling industry playtech plc increased by almost 60%.

According to the australian brand estimates, the global segment of the gambling business in 2020 reached $ 70 billion. And the indicators are improved compared to the the previous year and will continue to grow up to 2025.

Recall, the oryx gaming slots will appear on the playtech games marketplace platform.

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