Tag Archives: AGS

AGS agrees terms on $1bn sale to Brightstar Capital

SBC News AGS agrees terms on $1bn sale to Brightstar Capital

NYSE-listed slot machine manufacturer PlayAGS (AGS) has agreed to “definitive terms” to be acquired by the private equity fund of Brightstar Capital Partners. This afternoon, the board of AGS unanimously approved and recommended to its investors a $12.50 per share cash offer from Brightstar Capital. The offer values the AGS’ business at approximately $1.1bn, rewarding company investors with a 41% …

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Amaya Completes Sale of Cadillac Jack to AGS for $476 million

SBC News Amaya Completes Sale of Cadillac Jack to AGS for $476 million

Amaya Inc  today confirmed  the completion of its $476 million sale of Cadillac Jack, Inc to AGS LLC an affiliate of funds managed by Apollo Global Management, LLC Pursuant to the previously announced Stock Purchase Agreement, AGS has purchased all of the shares of Amaya Americas for an aggregate purchase price of approximately $476 million1, comprising cash consideration of approximately $461 million …

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NYX Gaming takes Chartwell and Cryptologic businesses for £80m

SBC News NYX Gaming takes Chartwell and Cryptologic businesses for £80m

NYX Gaming Group has snapped up the Chartwell Technology and Cryptologic businesses from Amaya via a share purchase agreement valued at CA$150,000,000 (£80.8m). The transaction is anticipated to close before the end of the third quarter of 2015 and is subject to financing and other customary closing conditions. Amaya said that the sale is consistent with its previously announced plan …

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PokerStars powers Amaya Gaming’s 2014 corporate performance

SBC News PokerStars powers Amaya Gaming's 2014 corporate performance

Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …

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