Canada's Amaya, Britain's William Hill in talks to merge: Reuters
Canadian online gambling company Amaya Inc and British bookmaker William Hill Plc said they were in talks to combine in a merger of equals, confirming a Reuters report about the discussions last week. Amaya has received strong buyout interest from other companies in the industry and some private equity firms, the sources said. Amaya, which has a market capitalization of about $3.1 billion, paid US$4.9 billion to acquire the owner and operator of the PokerStars and Full Tilt Poker brands in 2014. GSO Capital Partners LP, the credit arm of Blackstone Group, helped fund the deal and continues to have a minority stake in the company.
11 October 2016•3 mins read
