SORAINEN Belarus advised a Chinese consortium that included online game developer and operator Shanghai Giant Network Technology Co, on Belarusian aspects of acquisition of Playtika, the social and mobile games company based in Herzliya, Israel, owned by Caesars Interactive Entertainment, with a strong development team located in Minsk, Belarus.
SORAINEN team, which included partner Maksim Salahub, associates Viktoryia Mikhnevich and Nadezhda Fomenok, conducted a limited due diligence of Playtika operations in Belarus, commented on the set of transaction documents from local law perspective, and advised on intellectual property protection and employment issues. Primary advisers to the buyer were Allen & Overy, Fenwick & West.
