Baker McKenzie advises on recommended all-share acquisition of evoke plc

Baker McKenzie has advised the founder and largest shareholder of evoke plc in connection with the recommended all-share acquisition of evoke by Bally's Intralot S.A., valuing evoke at approximately £243.1 million.

The transaction will be implemented by way of a scheme of arrangement under Part VIII of the Gibraltar Companies Act, with evoke shareholders set to receive a mix of new Intralot shares and a partial cash alternative.

The deal will create a geographically diversified global gaming and lottery group with enhanced scale across key European markets and exposure to structurally growing iGaming and online sports betting sectors. In the UK, the combination significantly strengthens Intralot's position through the addition of evoke's flagship brands, including William Hill and 888, creating a scaled multi-brand platform.

The Baker McKenzie team was led by London Corporate Partners Michal Berkner and James Thompson.

Commenting on the transaction, Michal Berkner, said: "We are delighted to have supported the Shaked family over many years and on this significant transaction. This deal not only highlights our deep experience advising on complex public company transactions in the gaming and technology sectors, but also represents an important milestone for evoke, providing a compelling pathway to enhanced scale and long-term growth as part of a larger, diversified group."