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Sorainen, Allen & Overy, and Fenwick & West Advise on Acquisition of Playtika by Chinese Consortium

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Sorainen Belarus has advised a Chinese consortium including online game developer and operator Shanghai Giant Network Technology Co Ltd. on Belarusian aspects of its acquisition of Playtika. Primary advisers to the buyer were Allen & Overy and Fenwick & West.

Sorainen describes Playtika as "the social and mobile games company based in Herzliya, Israel, owned by Caesars Interactive Entertainment, with a strong development team located in Minsk, Belarus."

The Sorainen team, which included Partner Maksim Salahub and Associates Viktoryia Mikhnevich and Nadezhda Fomenok, conducted a limited due diligence of Playtika operations in Belarus, commented on the set of transaction documents from a Belarusian law perspective, and advised on intellectual property protection and employment issues.