Blackstone-GSO increases equity stake in Amaya Gaming
GSO Capital Partners LP, the credit arm of U.S. private equity firm Blackstone Group, has acquired about 11 million common shares in Amaya Gaming Group Inc (Nasdaq/TSX: AYA), a Montréal-based provider of products and services in the gaming and interactive entertainment industries. The buy resulted from an exercise of warrants on Amaya shares bought by GSO in 2014, when the credit group contributed funding to Amaya's acquisition of Rational Group Ltd. GSO estimates its interest in Amaya now stands at about 19.99 percent of the company's total issued and outstanding shares.
26 April 2016•3 mins read
