ALL 0.18% $67.75 aristocrat leisure limited

News: ALL Australia's Aristocrat Leisure to buy Big Fish Games for $990 mln

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    Nov 30 (Reuters) - Gaming machine maker Aristocrat Leisure Ltd (ALL) said on Thursday it will acquire gaming company Big Fish Games, a unit of Churchill Downs , for $990 million in cash to increase its social gaming footprint.

    The Sydney-based company expects the acquisition to be earnings accretive in the first full year of ownership.

    Aristocrat will fund the deal via existing cash and an incremental $890 million loan facility.

 
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