Tag Archives: takeover
Canada – Former CEO launches bid to buy Amaya
Amaya has received a non-binding all cash offer from its former Chief Executive Officer, David Baazov, on behalf of an entity to be formed to acquire Amaya at a price of CA$24.00 per common share. Amaya also confirms that the offer provides for a US$200m deposit into escrow upon execution of a definitive agreement in…
South Africa- Sun International to buy rival Peermont
Sun International is to buy rival casino and hotel group Peermont adding nine casino resorts, including Peermont’s flagship Emperors Palace casino resort, three stand-alone hotels and one stand-alone casino, to its portfolio. In creating a South African superpower, Sun will add 3,374 slots, 156 table games and 1,711 rooms from Peermont’s portfolio. The buyout gives…
