Aristocrat has moved another step closer to its acquisition of NeoGames after all regulatory approvals were met.

Aristocrat

Aristocrat announced its plan to acquire NeoGames for US$1.2bn in May and the deal has been in the works ever since.

The completion of the business combination is still subject to NeoGames shareholder approval in a vote, but the NeoGames board has already recommended shareholders vote in favour.

NeoGames said: “NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the acquisition.

“The final shareholder meeting of NeoGames to vote on the acquisition is scheduled to be held on or about April 25, 2024, with completion of the acquisition expected to occur on or about April 25, 2024.”