Aristocrat Leisure Acquires Neo Group for $1.2 Billion
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Aristocrat Leisure Acquires Neo Group for $1.2 Billion

Neogames Sa (NGMS) has released an update.

Neo Group Ltd., formerly NeoGames S.A., has been acquired by Aristocrat Leisure Limited at $29.50 per share, valuing the company at approximately $1.2 billion. The acquisition is expected to bolster Aristocrat’s presence in the iLottery and iGaming sectors, with Neo’s CEO expressing confidence in the deal’s benefits for stakeholders. Neo, a leader in iLottery solutions, aims to enhance revenue and offerings for its customers through its comprehensive suite of services and recent strategic acquisitions.

For further insights into NGMS stock, check out TipRanks’ Stock Analysis page.


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