Latham & Watkins Advises Playtika In Closing of US$1.9 Billion Initial Public Offering

January 21, 2021

Playtika Holding Corp. (“Playtika”) announced the closing of its initial public offering of 79,925,000 shares of its common stock at a price to the public of $27.00 per share, which includes 18,518,500 shares of common stock offered by Playtika, 50,981,500 shares of common stock offered by an existing stockholder (the “Selling Stockholder”) and the full exercise of the underwriters’ option to buy an additional 10,425,000 shares of common stock from the Selling Stockholder.

Latham & Watkins LLP represented Playtika with a corporate team led by Orange County partners Michael Treska and Charles Ruck and Bay Area partner Benjamin Potter with associates Darren Guttenberg, Nicole Jazayeri, Jacob Walsh, Mekbeb Hagos, Gabrielle Masse, and Caitlin Nguyen. Advice was also provide on tax matters by Los Angeles partner Sam Weiner with associates Brian Rogers and Janet Hsu; on benefits and compensation matters by San Diego partner Holly Bauer with associates Sara Schlau and Tiana Baghdikian; on intellectual property matters by Orange County counsel David Kuiper; on finance matters by San Diego partner Sony Ben-Moshe and Los Angeles partner Kenneth Askin with associate Bryan Monson; on securities law matters by Washington DC partner Alex Cohen; on stock exchange matters by New York counsel Gail Neely; and on regulatory matters by San Francisco counsel Heather Deixler with associates James Smith and Calum Docherty. 

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