May 10, 2021
Weil is advising Austerlitz Acquisition Corporation I, a SPAC sponsored by Austerlitz Acquisition Sponsor, LP I, an affiliate of Trasimene Capital Management, LLC, in its $3.2 billion business combination with Wynn Interactive Limited, the online gaming division of Wynn Resorts which offers a world-class collection of casino and sports betting mobile options to consumers across the U.S. and U.K. through its WynnBET, BetBull and WynnSLOTS brands, to create an independent public company. The transaction is expected to close by the end of 2021, subject to customary closing conditions.
The team advising Austerlitz Acquisition Corporation I is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Sachin Kohli and Mergers & Acquisitions associates Katie Simmonds, Alex Walsh and Dylan Sherwyn. The team also includes International Tax Head Devon Bodoh; Tax associate Alfonso Dulcey; Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy counsel Dennis Adams; Technology & IP Transactions/Privacy associates Eliza Cotter, Caleb Small and Mirish Shah; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits partner Amanda Rosenblum; Executive Compensation & Benefits associate Robin Caskey; Antitrust partner John Scribner; Antitrust counsel Michael Naughton; and Antitrust associates Vivian Wang and Marie-Marie de Fays.