JPJ Group £490 million acquisition of Gamesys Holdings

17/6/2019

Public acquisition

Value:

£ 490 million

Dollar value:

$ 621.585 million

Status:

Announced

Date:

17/6/2019

Overview:

JPJ Group has acquired Gamesys for £490 million.
Gamesys is an online gaming group that includes brands such as Virgin Games, Monopoly Casino and Heart Bingo.
JPJ has brands such as Jackpotjoy and Starspins.
The transaction fee is made up of £250 million in cash and 33.7 million new shares in JPJ.

Sam Duke

Jurisdictions:

United Kingdom
Estonia

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Gaming

Firms:

Clifford Chance

Party: JPJ Group (Acquirer)

Lawyers: Simon Thomas, Steven Fox

CMS Cameron McKenna Nabarro Olswang

Party: Gamesys (Target)

Lawyer: Robert Willis

DAC Beachcroft

Party: JPJ Group (Borrower)

Lawyers: Christopher Wall, Michael Pearce

TGS Baltic

Party: JPJ Group (Acquirer)

Lawyer: Kadri Kallas

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