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(Reuters) - Australia's Aristocrat Leisure on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. for $1.0 billion as the gambling machine maker seeks to expand its online presence.
Aristocrat Leisure said it would pay a cash price of $29.50 per share to the shareholders of NeoGames to buy 100% of the Nasdaq-listed software firm.
The takeover would give Aristocrat entry into the attractive iLottery market, "which is a highly regulated ... and can facilitate fu...
>>> Read more: Australia's Aristocrat Leisure to buy software firm NeoGames for $1 billion
Aristocrat Leisure said it would pay a cash price of $29.50 per share to the shareholders of NeoGames to buy 100% of the Nasdaq-listed software firm.
The takeover would give Aristocrat entry into the attractive iLottery market, "which is a highly regulated ... and can facilitate fu...
>>> Read more: Australia's Aristocrat Leisure to buy software firm NeoGames for $1 billion
