Aristocrat Leisure Completes Sale
As reported by the Aristocrat Herald Sun: "Gaming machine company Aristocrat
Leisure has completed the sale of a 28 per cent interest in its African
operations to a local partner. "Aristocrat said it would record a net profit
of about $6 million on the partial sale to Yabohle Investments -- a
consortium led by Matemeku Investments. "The consortium was established
under the South African Government's Black Economic Empowerment initiative
and it has interests in mineral, technology, hospitality and tourism.
".Aristocrat's poker machine business has undergone a resurgence. It
recently invested in new forms of electronic gaming machines and is seeking
to add to its gaming technology and intellectual property."
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