Blackstone-GSO to sell common shares of The Stars Group
GSO Capital Partners LP, the credit arm of U.S. private equity firm Blackstone Group, has entered into private agreements to sell all of the common shares it holds in The Stars Group Inc (TSX: TSGI), formerly known as Amaya Inc. GSO agreed to sell close to 14 million shares for $23.50 per unit, which will generate proceeds of about $328.5 million. The sale does not include any preferred shares held by GSO in the company. Earlier this month, The Stars Group, a gaming and interactive entertainment products and services provider, rebranded and moved its headquarters from Montréal to Toronto.
14 August 2017•2 mins read
