Tag Archives: Angel
France – Japanese owners of GPI to axe 80 jobs
The Japanese owners of Angel France, a French subsidiary of Gaming Partners International corporation (GPIC (formerly Bourgogne & Grasset),want to lay off 80 employees out of 105. They have presented a PSE to elected staff presented a collective redundancy project for economic reasons concerning 80 of the 105 employees at its two sites in Savigny-les-Beaune…
Asia – Angel completes acquisition of Gaming Partners
Gaming Partners International has now completed the closing of the previously announced merger contemplated by the Agreement and Plan of Merger, dated as of November 27, 2018, with Angel Holdings Godo Kaisha and AGL Nevada Corporation, pursuant to which GPIC became a wholly owned subsidiary of Angel. GPIC stockholders are entitled to receive $13.75 in…
Japan – Angel Holdings buys Gaming Partners International for $110m
Angel Holdings Godo Kaisha, an Asia-facing playing card manufacturer, has bought Gaming Partners International for $110m. GPI confirmed it had entered into a ‘merger agreement with Angel pursuant to which Angel will acquire GPIC for cash.’ The consideration to be paid to GPIC’s stockholders will be $13.75 in cash for each share of GPIC common…
