Evolution Gaming Group AB (publ) (“Evolution”) has entered into an agreement to acquire the entire issued share capital of, Australian company, Big Time Gaming Pty Ltd (“Big Time”) for a total consideration of up to EUR 450 million, payable in cash and Evolution shares (the “Transaction”).
Big Time Gaming is a global leader in the supply of digital casino games. Big Time Gaming titles include world-wide player favourites like Bonanza and Extra Chilli as well as the ground-breaking Game Mechanic Megaways™ which is incorporated in over 200 games from multiple providers.
Evolution, which is listed on Nasdaq Stockholm, develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators, and is a leading B2B provider with 500+ operators among its customers.
Evolution engaged Wiggin as lead advisor with Addisons advising on Australian legal elements.
The Addison team included Partners, Li-Jean Chew, Martin O’Connor and Jamie Nettleton, supported by Senior Associate, Chuanchan (CC) Ma and Solicitors, Brandon Chakty and Adrian Palladino.
Click here to read the Evolution Press Release for further information.
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