Walkers advise NASDAQ-listed NeoGames on its definitive Business Combination Agreement

Walkers has advised NASDAQ-listed NeoGames (NASDAQ: NGMS) on its definitive Business Combination Agreement pursuant to which it will be acquired by Aristocrat Leisure Limited, a leading mobile and casino games content creator.

The transaction represents an enterprise value of approximately US$1.2 billion for NeoGames, a technology-driven provider of end-to-end iLottery and iGaming solutions.

Lawyers from Walkers' London office advised as Cayman Islands counsel, alongside lead counsel Latham & Watkins and Herzog Fox & Neeman.

Partner Neil McDonald led the Walkers team of senior counsel James Denham and Jennifer Maughan, senior associate Tom Esler, and associate Catherine Outerbridge.

Neil said: "We are delighted to have worked with Latham and Herzog on this significant matter, which demonstrates the versatility and efficiency of Cayman Islands structures for acquiring global tech businesses."

Jennifer MaughanPartnerT +44 (0)20 7220 4989jennifer.maughan@walkersglobal.com
Neil McDonaldPartnerT +44 (0)20 7220 4990neil.mcdonald@walkersglobal.com
James DenhamSenior CounselT +44 (0)20 7220 4978james.denham@walkersglobal.com
Tom EslerSenior AssociateT +44 (0)20 7220 4971tom.esler@walkersglobal.com
Catherine OuterbridgeAssociateT +44 (0) 20 7903 8705catherine.outerbridge@walkersglobal.com

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