Light & Wonder keen on more M&A deals, primary listing in Australia

Light & Wonder keen on more M&A deals, primary listing in Australia

The gaming group’s CEO, Matt Wilson, discusses its strategy, what businesses it might acquire, and how they are managing the Trump-led trade volatility.

Light & Wonder completes Grover Gaming acquisition after securing US$800 million term loan

Light & Wonder said late Monday that it had completed its previously announced acquisition of Grover Gaming’s charitable assets – on the same day it locked in a new US$800 million term loan facility that will fund the deal. The acquisition sees Light & Wonder pay US$850 million in cash plus a four-year revenue based earn-out of up to US$200 million in cash. It will also absorb 120 former Grover Gaming employees into its workforce. Grover Charita…