Brookfield acquires lottery business of Scientific Games

Company

Brookfield Business Partners

Company

Scientific Games Corporation

Law Firm / Organization
Cravath, Swaine & Moore LLP

On April 4, 2022, Brookfield Business Partners L.P. completed the acquisition of Scientific Games Corporation’s global lottery services and technology business for approximately US$5.8 billion. The company will continue to operate under the Scientific Games name.

Financing was led by a syndicate of banks including Barclays, Deutsche Bank Securities, BNP Paribas, Credit Agricole Corporate and Investment Bank, Macquarie Capital and RBC Capital Markets. Cleary Gottlieb Steen & Hamilton LLP and Cassels acted as legal advisors to Brookfield.

Macquarie Capital (USA) Inc. served as financial advisor and Cravath, Swaine & Moore LLP served as legal counsel to Scientific Games.

Merger & Acquisition
Other
$ 8,016,064,000
Closed
04 April 2022