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.
