Aug 10 (Reuters) - Aristocrat Leisure Ltd (ALL) -
- Entered into a binding agreement to acquire 100% of Plarium global limited (plarium), a social gaming company
- Deal for an upfront amount of us$500m cash
- Total transaction consideration implies a multiple of 10x ltm ebitda at year end
- Says deal "expected to be epsa accretive in year one"
- Ceo and co-founder of plarium, avraham shalel, will continue to lead plarium post acquisition
- Will fund acquisition via existing cash and an incremental us$425 million 7 year term loan b debt facility
News: ALL Aristocrat Leisure to acquire 100% of Plarium Global Ltd
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Last
$67.75 |
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-0.120(0.18%) |
Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1090 | $67.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $67.77 | 20386 | 4 |
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