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New Deal


Announced

Completed

Landcadia Holdings II completed the acquisition of Golden Nugget Online Gaming in a $745m deal.

Financials

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Transaction Value£603m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Private

Single Bidder

United States

Merger

Private Equity

online casino

Casinos and Gambling

Acquisition

Domestic

Completed

Reverse Takeover

Synopsis

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Landcadia Holdings II, a blank check company co-sponsored by Fertitta Entertainment and Jefferies Financial Group, completed the acquisition of Golden Nugget Online Gaming, a US online real money casino, in a $745m deal. "GNOG is one of the best positioned companies to capitalize on this massive online gaming opportunity in the US. We at Jefferies couldn't be more thrilled to partner with Tilman and bring this great opportunity to the public markets," Rich Handler, Landcadia II Co-Chairman and Jefferies CEO.

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