Rational Group acquisition by Amaya gets regulatory green light
The previously announced US$4.9 billion purchase of Rational Group Ltd by Amaya Gaming Group Inc (TSX: AYA) has been approved by regulatory authorities. On July 30, Amaya's investors will consider the deal, which will see the Montréal-based gaming company take possession of Rational Group's assets, including online poker platforms PokerStars and Full Tilt Poker. GSO Capital Partners, an affiliate of U.S. private equity firm Blackstone Group, will support the acquisition through US$655 million in share subscriptions.
29 July 2014•4 mins read
