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Australia's Aristocrat Leisure to buy Big Fish Games for $990 mln
November 29, 2017 / 10:13 PM / 15 days ago

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

Nov 30 (Reuters) - Gaming machine maker Aristocrat Leisure Ltd 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.

Reporting by Aditya Soni in Bengaluru; Editing by Chris Reese

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