Aristocrat to offload Japanese operation
Gaming machine and casino management systems firm Aristocrat has agreed a deal to sell its Japanese operation to Japan-based Fields Corporation.
Under the agreement, the sale will incorporate Aristocrat’s entire operations in the Asian country, including KK Aristocrat Technologies and KK Spiky.
News of the sale comes after Aristocrat in April announced that it was to exit the Japanese market in order to focus its effort on operations elsewhere.
The decision to withdraw from the country led to the agreement with Fields, which itself identified an opportunity to utilise Aristocrat’s operations in Japan.
The transaction will be completed concurrently with the signing of the sale and purchase agreement.
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