NeoGames and Aristocrat secured the necessary regulatory approvals for their proposed acquisition
⏱ 1 min read
(Luxembourg).- NeoGames S.A, a technology-driven provider of end-to-end iGaming and iLottery solutions, confirmed that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited have been received or waived.
In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder vote.
NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the Acquisition. The final shareholder meeting of NeoGames to vote on the Acquisition is scheduled to be held on or about April 25, 2024, with completion of the Acquisition expected to occur on or about April 25, 2024.
Based in Luxembourg and specialized in iGaming and iLottery solutions (online games of chance and lottery), NeoGames will become a private company following the completion of the purchase.
Strengthening the online market
The purchase of NeoGames by Aristocrat represents a strategic move for the Australian company, which seeks to consolidate its presence in the growing online gambling market. NeoGames brings its experience and technology in the iGaming and iLottery sector, which will allow Aristocrat to expand its offer and reach new audience segments.
To follow closely
It is recommended to pay attention to the NeoGames shareholder meeting, where the final approval of the acquisition will be voted on. If approved, the purchase will be completed in the coming days, marking a significant change in the outlook for the company.
Categoría:Others
Tags: Aristocrat, NeoGames,
País: Luxembourg
Región: EMEA
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