Aristocrat Leisure Limited completed the acquisition of NeoGames S.A..
Max Seltzer, John Orem, Derek Herbert and Jonathan Abbey of Stifel Financial Corp. acted as financial advisor and provided the fairness opinion for $1 million as a fee, Joshua Kiernan, Josh Dubofsky and Leah Sauter, Nicholas DeNovio, Adam Kestenbaum, Krisa Benskin, Sarah Gagan, Rob Blamires, Gail Crawford, Danielle van der Merwe, Ian Connor and Les Carnegie, Jana Dammann, Wesley Lepla, Ruchi Gill and Peter Todaro, Nathan Seltzer and Jay Sadanandan of Latham & Watkins LLP and Gil White and Ron Ben-Menachem of Herzog Fox & Neeman acted as legal advisors, Morrow & Co., LLC acted as a proxy solicitor for $20,000 and American Stock Transfer & Trust Company, LLC acted as a transfer agent to NeoGames S.A. H-F & Co., Arendt & Medernach SA, Conyers Dill & Pearman (Cayman) Limited, Duane Morris LLP, Mishcon De Reya LLP and Joseph Halloum, Ethan Klingsberg, Paul Tiger, Lori Goodman, Joe Soltis, Mena Kaplan, Christine Lyon, Brock Dahl, Stephanie Brown Cripps, Kyle Lakin and Toby Bingley of Freshfields Bruckhaus Deringer US LLP acted as legal advisors for Aristocrat Leisure Limited. The Company has retained Morrow Sodali, LLC, a proxy solicitation firm, to solicit proxies in connection with the Cayman Shareholder Meeting.
Aristocrat Leisure Limited (ASX:ALL) completed the acquisition of NeoGames S.A. (NasdaqGM:NGMS) on April 25, 2024. Aristocrat Leisure confirms that all conditions and requirements for closing under its agreement to acquire Neo Group Ltd, formerly known as NeoGames S.A. (?NeoGames?) have been satisfied. The Acquisition was overwhelmingly supported by NeoGames shareholders at the second shareholder meeting, with the required majority voting in favour of all proposals relating to the Acquisition. As of last week the transaction has secured all the necessary gaming regulatory approvals. As a part of closing, Aristocrat?s Anaxi subsidiary will now merge with NeoGames and run as a single, integrated global business. This combined operation will run as Aristocrat Interactive, with Aristocrat saying this leverages the strength of its global brand. As for the management of Aristocrat Interactive, Moti Malul, formerly Chief Executive Officer of NeoGames, will lead the new business as Chief Executive Officer. He will report directly to Aristocrat Chief Executive Officer Croker and Mitchell Bowen, who had been leading Anaxi as its Chief Executive Officer, will now step down but still Bowen will continue to assist Aristocrat in an advisory capacity through to the end of the calendar year.