Shuffle Master takes over at a run
Extraordinary organisation set up a smooth transaction for Shuffle Master Inc on its $150 million takeover of Stargames Limited, a listed Australian manufacturer of electronic gaming machines.
Extraordinary organisation set up a smooth transaction for Shuffle Master Inc on its $150 million takeover of Stargames Limited, a listed Australian manufacturer of electronic gaming machines.
Also, Stargames’ largest shareholder had given to Shuffle Master a call option with respect to its 17.8 per cent shareholding. “That was a very powerful starting point,” Damian said.
This was Shuffle Master’s first major acquisition in Australia. “They had done one or two small ones, but nothing like a listed company takeover,” Damian said.
He led the Freehills team with corporate partner Fiona Gardiner-Hill, supported by solicitors John Natal, Nicole Underhill and Fiona Scattergood.