NeoGames and Aristocrat Secure All Regulatory Approvals for Business Combination
NeoGames S.A has announced that it has received all necessary regulatory approvals required to finalize its business combination with Aristocrat Leisure.
This includes the receipt of all antitrust and foreign investment regulatory clearances, paving the way for the completion of the acquisition.
Final Steps Toward Acquisition Completion
The process now moves towards its final phase, with the scheduled shareholder meeting of NeoGames set for April 25, 2024, where a vote on the acquisition will take place.
Both companies are actively working to complete the remaining procedural steps. The acquisition is anticipated to be finalized on the same day as the shareholder meeting.
Leaders’ Insights
John Taylor, Chairman of the Board of Directors at NeoGames, expressed his satisfaction with the deal, stating, “Aristocrat’s proposal provides shareholders with compelling value, further validating the strength of the business that NeoGames has built.”
The move is expected to enhance NeoGames’ position in the global market by leveraging Aristocrat’s extensive resources and innovation capabilities.
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