Tag Archives: Barclays Capital

Amaya stakeholders tight-lipped on company future

Amaya INC governance has met with shareholders at yesterday’s Annual General Meeting (AGM), discussing the company’s current position regarding the potential management takeover by former CEO & Chairman David Baazov. Company stakeholders remained tight-lipped regarding discussions, disclosing no information to news sources (media were not allowed at the AGM). The AGM was the first meeting between Amaya governance and investors …

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Baazov may seek rival investment for Amaya takeover

Bloomberg Business News has reported that Amaya Inc CEO David Baazov may look to partner with outside investors in order to fulfil his proposed management takeover of the firm. At present Amaya Inc has appointed a special committee advised by Barclays Capital to review Baazov’s CAD $21 per common share cash offer. Issuing a corporate statement this week, Amaya’s board …

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Amaya issues committee update on Baazov takeover proposal

Toronto-listed Amaya Inc has issued a corporate statement updating the market on its appointed special committee reviewing the management buyout offer put forward by current CEO and Chairman David Baazov. Amaya informs that to date its board has not received a formal proposal by Baazov and his executive regarding the takeover of the company. The independent committee advised by Barclays …

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Amaya appoints Barclays Capital to review Baazov bid

Toronto listed Amaya Inc has confirmed the appointment of Barclays Capital Canada to act as corporate financial advisor with regards to the CAD $2.8 billion (£1.4 billion) management buyout proposed by CEO David Baazov. On 1 February Amaya governance confirmed that it had set up an independent committee to asses Baazov’s takeover proposal. The buyout proposal sees Baazov aim to …

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