Welcome to my online directory, this area is great for SEO descriptions!

eGaming Society
eGaming Directory, The Directory for iGaming Businesses and Jobs!
 
 

Amaya increases money to purchase Chartwell

Amaya Gaming Group Incorporated, server and network-based gaming specialist in Canada revealed that it has increased its funds in order to purchase Chartwell, a software provider. The amount increased was reported to be $10.36 million after a bought deal private placement of 3.3 million common shares.

This agreement first started in mid-May after Amaya started negotiations to buy all common and issued shares in the Calgary-based Chartwell which is Chartwell Games International’s parent firm for roughly $23.63 million.

Montreal-based Amaya, said that a group of underwriters led by Canaccord Genuity Corporation and Laurentian Bank Securities Incorporated conducted its offering with its shares priced at $3.14 each. The agents got rewarded with a commission of $609,381 with the luxury to purchase 198,000 of its common shares which amounts to 6% of the Quebec firm’s total shareholding.

Amaya also revealed that this agreement contains an over-allotment option for the underwrites that give them the ability to buy 15% of the 3.3 million shares sold pursuant to the offering. Amaya ssaid that they could raise $11.94 million to use them to buy Chartwell.

eGaming Society is a fully comprehensive iGaming Directory and iGaming Job Board for the eGaming Society. Whether you are in the Industry, or a igaming supplier, eGaming Society is an ideal reference for the Gaming Industry.



Leave a Comment

Leave a Reply

You must be logged in to post a comment.