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DLA Piper Advises Citi on Aristocrat Leisure Acquisition of Plarium

DLA Piper Advises Citi on Aristocrat Leisure Acquisition of Plarium

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The Ukrainian office of DLA Piper, working together with global counsel Herzog Fox & Neeman, has advised Citi on its provision of financial advice to Aristocrat Leisure related to its USD 500 million acquisition of Plarium Global.

The deal is expected to close before the end of this year and DLA Piper describes it as "likely to be one of the largest deals of its kind within the Israeli market."

According to DLA Piper, "both companies are involved in producing popular entertainment content. Aristocrat Leisure Limited, based in Australia, is one of the largest manufacturers of gaming solutions in the world. Plarium Ltd, headquartered in Herzliya, Israel, is a social gaming developer with over 1,200 employees worldwide and offices in the US and Europe, including Ukraine and Russia."

DLA Piper advised Citi on the Ukrainian legal aspects of the transaction, including due diligence of the Ukrainian business division of Plarium, and preparation of necessary transactional documents.

The team was led by Partner and Head of Competition in Ukraine Galyna Zagorodniuk, Senior Associate Dmytro Tkachenko, and Associate Artem Hrytsak. Additional support was provided by Partner and Head of Real Estate Natalia Kochergina, and Partner and Head of Intellectual Property Natalia Pakhomovska, and their teams.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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