Sayenko Kharenko advised Shanghai Giant Network Technology Co.
Sayenko Kharenko advised Shanghai Giant Network Technology Co. (Giant) on the Ukrainian aspects of acquisition of Playtika Ltd (Playtika), one of the world’s largest social casino gaming company.
A consortium of leading Chinese private equity firms including Giant, one of China’s largest online gaming companies, purchased Caesars Interactive Entertainment (CIE) unit Playtika for USD 4.4 billion in an all-cash deal.
Sayenko Kharenko’s scope of work included legal due diligence of Playtika Group’s companies in Ukraine, transactional support, pre-closing group restructuring, closing and post-closing support. Fenwick & West and Allen & Overy led the transaction globally.
Sayenko Kharenko’s team was co-led by counsel Alina Plyushch and senior associate Oleksandr Nikolaichyk with support from senior associate Oleg Klymchuk and associates Mykyta Polatayko, Kateryna Zhebanova, Andriy Zhupanyn, Mykhailo Grynyshyn, Oksana Andronyk and Aida Karagezian. The project was supervised by partner Andrei Liakhov.