NeoGames bought by Australian gaming company Aristocrat Leisure for USD1.2 billion!
Israeli-founded and Nasdaq-listed online gaming company NeoGames has been bought by Aristocrat Leisure for USD 1.2 billion in a complex cross-border take-private transaction.
Herzog advised NeoGames, which provides services for regulated lotteries and gaming operators, and has supported NeoGames and its related companies (Aspire Global, Pariplay and BtoBet) for over 15 years.
The deal was led by Managing Partner Gil White, Ron Ben-Menachem (capital markets), Liran Barak (gaming), Asher Sacks (mergers & acquisitions) and Mohammad Mawasi (capital markets). The team also comprised lawyers from the commercial, tax, antitrust, employment and other departments.
Latham also advised NeoGames, with a team led by corporate partners Joshua Kiernan in London, Josh Dubofsky and Leah Sauter in New York, with associates Gilad Zohari in Tel Aviv, and Adam Deutsch and Jordan Wampler in New York. The firm also advised on tax, employee benefits, IP, privacy and cyber, finance and other matters.
Read more in Calcalist.
