Mastercard Incorporated (NYSE:MA) entered into an agreement to acquire Dynamic Yield Ltd. from McDonald's Corporation (NYSE:MCD) on December 21, 2021. On closing current Chief Technology Officer, Ori Bauer will take the helm as Chief Executive Officer and Liad Agmon, current Chief Executive Officer, will stay on in an advisory capacity. The transaction is subject to customary closing conditions and is expected to close in the first half of 2022.

Marshall Shaffer, Eric Schiele, Jaye Kasper, Adam Petravicius, Shellie Freedman, Gianni Cutri, Matthew Wood and Michael Krasnovsky of Kirkland & Ellis LLP acted as legal advisors to McDonald's. Pierre Noboa of Deutsche Bank Securities Inc. acted as financial advisor to McDonald's Corporation. Wilson Sonsini Goodrich & Rosati acted as a legal advisor to Mastercard. Barry Levenfeld, Liron Hacohen, Ben Sandler, Ofir Levy and Chaim Cohen of Yigal Arnon & Co.

and Joel D. Feinberg and Brent Steele of Sidley Austin LLP acted as legal advisors to Mastercard.