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Deal Date: 20-09-2017 Practice Area: Corporate and M&A
Deal Title: Scientific Games Corporation Acquisition of NYX Gaming Group Industry: Travel & Leisure
On September 20, 2017, Scientific Games Corporation and NYX Gaming Group Limited announced that they had entered into a definitive agreement under which Scientific Games would acquire NYX. Under the terms of the transaction, Scientific Games would acquire all of the outstanding ordinary shares of NYX for CAD2.40 per share, equivalent to an enterprise value of approximately CAD775 million, or approximately USD631 million. Cravath represented Scientific Games in connection with the transaction.
Financial Center: New York Value: 500.01-1000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer George F Schoen