Amaya's ex-CEO offers to buy gambling company for $3.48 bln: Reuters
Amaya Inc's former chief executive, David Baazov, has offered to buy the Canadian online gambling company in a deal valued at about $3.48 billion, Reuters reported. Baazov, who already owns about 17.2 percent of the Montréal-based Amaya, including options, said on Monday he made the offer on behalf of a to-be-formed entity led by him. Four funds had committed $3.65 billion to help the new entity buy Amaya. The funds are: Head and Shoulders Global Investment Fund SPC – HS Special Event Segregated Portfolio, Goldenway Capital SPC- Special Event SP, Ferdyne Advisory Inc and KBC Aldini Capital Ltd.
14 November 2016•3 mins read
