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Announced

Brookfield Business Partners to acquire the lottery business of Scientific Games for $6bn.

Financials

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Transaction Value£4,391m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Casinos and Gambling

Pending

Private

Private Equity

Majority

Single Bidder

Cross Border

lottery

Acquisition

Friendly

Synopsis

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Brookfield Business Partners, a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs, agreed to acquire the lottery business of Scientific Games, an American corporation that provides gambling products and services to lottery and gambling organizations, for $6bn. "We are pleased to continue to grow our business with the acquisition of a market leader and essential service provider to governments around the world. We look forward to partnering with management and bringing our global scale and capabilities to support Scientific Games Lottery’s future growth," David Nowak, Brookfield Business Partners Managing Partner.

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