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Aristocrat eyes $94b prize with megadeal

Aristocrat Leisure’s $3.9 billion acquisition is designed to set it up for growth over the next five years.

In October 1966, The Australian Financial Review recorded a visit to London by Len Ainsworth, a 42-year-old entrepreneur who had taken his father’s hobby dental supplies firm – the grandly named Ainsworth Consolidated Industries – into the gaming machine business.

The article makes it clear that Ainsworth Consolidated, which would soon change its name to Aristocrat Leisure and ditch the dental supplies, already had a global outlook.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/aristocrat-eyes-94b-prize-with-megadeal-20211018-p590wk