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Aristocrat Leisure Limited (ASX:ALL) chief executive Jamie Odell says the poker machine maker will not take part in the consolidation happening across the US gaming industry.
Mr Odell told media he was aware of the consolidation that has been happening in the industry, but the group was yet to identify an attractive takeover target.
The stance came despite Aristocrat considering two large-scale acquisitions of US rivals this year, and after participating in the sales process of Nasdaq-listed Multimedia Games.
Mr Odell says the company has no immediate plans for consolidation, but will continue to look at it.
Aristocrat generated a net profit of $53.1 million in the first half of fiscal 2013.
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Last
$67.47 |
Change
-2.790(3.97%) |
Mkt cap ! $41.79B | |||
| Open | High | Low | Value | Volume |
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| 2 | 334 | $67.39 |
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