NeoGames Shareholders Approve Business Combination Agreement With Aristocrat Leisure
Portfolio Pulse from Benzinga Newsdesk
NeoGames S.A. (NASDAQ:NGMS) shareholders have approved the adoption of the Business Combination Agreement with Aristocrat Leisure Limited. This is the first of two approvals required for the proposed acquisition of NeoGames by Aristocrat. The acquisition is expected to occur during the first half of fiscal year 2024.
July 18, 2023 | 8:18 pm
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NeoGames' shareholders have approved the Business Combination Agreement with Aristocrat Leisure, marking the first step towards the proposed acquisition.
The approval of the Business Combination Agreement by NeoGames' shareholders is a significant step towards the proposed acquisition by Aristocrat Leisure. This could potentially increase the value of NeoGames' shares in the short term as it indicates progress in the acquisition process.
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