Israeli sports app 365Scores to be sold to UK giant for USD 200 million
Categories: Corporate and M&A
The British sports betting and gaming giant Entain has acquired Israeli sports app 365Scores in a substantial cross-border acquisition.
Founded over a decade ago, 365Scores has revolutionized the sports industry with their innovative application that enables their 20 million users to create their own sports channels.
Erdinast, Ben Nathan, Toledano & Co. with Hamburger Evron advised the target, with a team including partners Roy Caner and Viva Gayer, associates Alon Abramovich, Ori Margalit, and interns Elad Amir and Ilan Shternberg, all from the firm’s Corporate, M&A and Hi-Tech group, Partner Lior Etgar and associate Danit Yehezkel assisted on the privacy aspects of the transaction, while partners
Dr. Eran Lempert and Tal Alon assisted on the tax aspects of the transaction and partner Eyal Birenberg supported on the labor aspects of the transaction.Read more on Reuters.
