Vinge and Weil, Gotshal & Manges advised MGM on the deal. Cederquist advised the Board of Directors of LeoVegas. Gernandt & Danielsson advised LeoVegas’ founders and CEO.
MGM Casino Next Lion, LLC has announced a recommended public offer to the shareholders of LeoVegas AB (publ). The total value of the offer is approximately SEK 5,957 million.
Founded in 2011 by Gustaf Hagman and Robin Ramm-Ericson, LeoVegas is a leading global online gaming company with licenses in eight jurisdictions primarily in the Nordics and rest of Europe. The business is headquartered in Stockholm with offices in Malta, United Kingdom and Milan.
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands.
The Vinge team included Erik Sjöman (Picture), Linnéa Sellström, William Kåge, Anna Svensson, Michaela Ådén, Emma Johansson, Johan Wahlbom, Mattias Schömer, Victor Ericsson and Sara Strandberg.
The Weil team advising MGM Resorts International was led by Mergers & Acquisitions partner Michael J. Aiello and Mergers & Acquisitions associate Iliana Karaoglan. The London team included Mergers & Acquisitions partner Murray Cox and Corporate associate Fiona Coffee.
Cederquist’s team included Wilhelm Lüning, Anna Green Jensen and Johanna Wigfeldt.
The Gernandt & Danielsson team consisted of partner Carl Westerberg and senior associate Daniel Sveen.
Involved fees earner: Anna Green Jensen – Cederquist KB; Wilhelm Lüning – Cederquist KB; Johanna Wigfeldt – Cederquist KB; Carl Westerberg – Gernandt & Danielsson Advokatbyrå KB; Daniel Sveen – Gernandt & Danielsson Advokatbyrå KB; Victor Ericsson – Vinge; Emma Johansson – Vinge; William Kåge – Vinge; Mattias Schömer – Vinge; Linnéa Sellström – Vinge; Erik Sjöman – Vinge; Sara Strandberg – Vinge; Anna Svensson – Vinge; Johan Wahlbom – Vinge; Michael Aiello – Weil, Gotshal & Manges; Fiona Coffee – Weil, Gotshal & Manges; Murray Cox – Weil, Gotshal & Manges; Iliana Karaoglan – Weil, Gotshal & Manges;