Conyers advised ASX-listed entertainment and content creation company Aristocrat Leisure Limited (Aristocrat) on its successful acquisition of Neo Group Ltd., formerly known as NeoGames S.A. (Neo).

The acquisition completed on 25 April 2024 and was structured as an all-cash merger whereby a wholly-owned subsidiary of Aristocrat, incorporated for the purposes of the transaction, merged with and into Neo. At completion of the merger, all of the outstanding ordinary shares of Neo were acquired for $29.50 per share, representing an enterprise value of approximately US$1.2 billion for Neo.

Conyers Partner Matthew Stocker and Associate Caroline Dekker advised Aristocrat alongside Freshfields Bruckhaus Deringer US LLP as lead legal counsel.


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