April 24, 2018 (London) – International law firm Proskauer advised the senior executives and employee shareholders of Sky Betting & Gaming (“SBG”) in its $4.7 billion sale, subject to certain conditions, to Stars Group Inc. (NASDAQ: TSG; TSX: TSGI). The combination will result in the world’s largest publicly listed online gaming company.

The Proskauer team was led by partner Liam Arthur and included associates Jacky Ball and Jenny Paramonova (Private Equity and Mergers & Acquisitions); partner Stephen Pevsner (Tax); and partner Daniel Ornstein (Labor & Employment).

This transaction follows a number of significant deals on which the Firm has advised, including advising GIC on its acquisition, with The Carlyle Group, of the specialty chemicals business of Akzo Nobel for €10.1 billion; Safetykleen Europe in its £780 million sale to funds advised by Apax Partners; and Investcorp in its acquisition of Kee Safety Ltd. from Dunedin LLP and LDC.