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Brookfield to Acquire the Lottery Business of Scientific Games Corporation for $5.8 Billion

10/27/2021

On October 27, 2021, Brookfield Business Partners L.P. together with institutional partners announced an agreement to acquire Scientific Games Corporation’s global lottery services and technology business for approximately $5.8 billion. Closing of the transaction remains subject to customary closing conditions, including regulatory approvals, and is expected in the second quarter of 2022.

Cassels is acting as Canadian counsel to Brookfield.

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RELATED EXPERTISE: Securities | Mergers & Acquisitions | Intellectual Property