Linklaters advises funds managed by Blackstone in the context of Banijay Gaming’s commitment to acquire JOA

Linklaters has advised funds managed by Blackstone in the context of Banijay Gaming’s commitment to acquire JOA, one of France’s leading casino operators, pursuant to a put option agreement.

Completion of the proposed transaction is expected to take place in the second half of 2026, subject in particular to JOA’s employee representative bodies’ consultation and the receipt of customary regulatory approvals, including merger control and approvals applicable to the operation of casinos.

The Linklaters team was composed of Partner Florent Mazeron, Margaux Bognon-Küss, Counsel, Espérance Ait Bachir and Virgile Morel, Managing Associates, and Estel Robert, Associate, on Corporate/M&A matters.

The team also included Partner Fanny Mahler on public law aspects, Partner Lionel Vuidard, Cécile Romanin, Managing Associate, and Netanel Taid Kashani, Associate, on employment matters, Partner Pierre Zelenko and Daniel Green, Managing Associate, on antitrust matters.