Clairvest to exit stake in Casino New Brunswick
Clairvest Group has agreed to sell its stake in Casino New Brunswick, a Canadian casino and hotel complex, to Great Canadian Gaming Corp. If the deal closes according to "anticipated terms," Clairvest will receive about C$55 million in proceeds. The other seller in the transaction is Sonco Gaming New Brunswick Limited Partnership. In a separate statement, Great Canadian Gaming Corp said it has agreed to buy Casino New Brunswick for about C$95 million.
12 May 2015•2 mins read
