16.07.2014 - Gteck SpA expands business

Company Gteck SpA reached an agreement regarding the purchase of International Game Technology for $ 4.7 billion. This transaction will unite the world's largest manufacturer of slot machines with the world's largest providers of software for gaming machines.

Currently sphere of gaming machines is exposed to a significant competition from online services that provide similar services. Despite this union of these companies should lead to better financial performance and improve the product quality. We recommend buying Gteck with growth potential up to 20% by year end.

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