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


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.

RELATED EXPERTISE: Securities | Mergers & Acquisitions | Intellectual Property