Aristocrat Leisure raises $18.7 million in share sale

    Aristocrat Leisure said it has raised A$20.1 million ($18.7 million) through a share sale to existing shareholders in a share purchase plan at $5.26 a share. The company said it raised a further $18.38 million from selling shares to the Ainsworth family at the same price.
    Shares allocated under the plan will begin trading on the Australian Stock Exchange on August 25th.
    Aristocrat confirmed in July that it has agreed to buy Video Gaming Technologies for $1.28 billion, expanding in the U.S.
    VGT mostly provides Class II gaming machines for the leased tribal market, with an installed base of 20,200 machines. It is headquartered in Tennessee and employs about 610 staff.
    The acquisition was to be funded through new debt facilities and share sales.