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Brookfield To Acquire The Lottery Business Of Scientific Games Corporation

Oct 27, 2021

Acquiring Company

Brookfield Corporation

Acquired Company

Scientific Games

TorontoAtlantaFinancial ServicesRetailGamingConsulting

Description

Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire Scientific Games Corporation’s global lottery services and technology business (“Scientific Games Lottery” or “the Business”) for approximately $5.8 billion.

Quick answer

Brookfield Corporation is acquiring Scientific Games, announced October 27, 2021. Brookfield Corporation is based in Toronto, Ontario, Canada.

How much did Brookfield Corporation pay for Scientific Games?
The deal value was not disclosed.
What does Brookfield Corporation do?
Brookfield Corporation is a global alternative asset manager with a focus on real estate, renewable power, infrastructure, and private equity.
Where are Brookfield Corporation and Scientific Games based?
Brookfield Corporation is based in Toronto, Ontario, Canada. Scientific Games is based in Atlanta, Georgia, United States.
Who are the decision-makers at Brookfield Corporation?
Fundz holds 1 contact at Brookfield Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Brookfield Corporation

Location

250 Vesey St

Toronto, Ontario, Canada

About

Brookfield Corporation is a global alternative asset manager with a focus on real estate, renewable power, infrastructure, and private equity. The company has a significant presence in North America and is known for its expertise in managing large-scale investments. Brookfield aims to generate attractive long-term returns for its investors. It has a diversified portfolio and a substantial amount of deployable capital.

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Frequently asked

Who acquired Scientific Games?

Scientific Games was acquired by Brookfield Corporation, based in Toronto. The deal was reported on October 27, 2021. Brookfield Corporation is a global alternative asset manager with a focus on real estate, renewable power, infrastructure, and private equity. Brookfield Corporation is privately held and operates in Financial Services.

When did Brookfield Corporation acquire Scientific Games?

Brookfield Corporation's acquisition of Scientific Games was reported on October 27, 2021. Brookfield Business Partners L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Scientific Games do?

Scientific Games is a global leader in retail and digital games, technology, analytics and services that drive profits for government-sponsored lottery and sports betting programs. It is privately held, operating in Gaming, and is based in Atlanta.

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