Under the proposed deal, Aristocrat plans to purchase all of NeoGames' shares at a price of US$29.50 per share, representing a significant premium of around 130% compared to NeoGames' closing price on the previous Friday. Following the announcement, NeoGames' shares surged by 120% in pre-market trading on the US market. Aristocrat Leisure, an Australia-based major slot machine manufacturer, is set to acquire NeoGames, an online gaming solutions provider, for a cash amount of approximately US$1.2 billion.
