Tag Archives: TSX

In accordance with Toronto TSX market rules, Canadian digital technology group Breaking Data Corp (BDC) has confirmed that it will undertake a ‘private subscription placement’ seeking to raise capital funds of CAD $12 million (€8 million). Updating the market, BDC governance confirms the appointment of Toronto investment bank Eight Capital as sole book-runner for its upcoming transaction, which will offer …

Toronto TSX-listed The Stars Group Inc has published its unaudited Q2 2018 results, and further revises its full-year corporate guidance, to reflect its new business entity having undertaken a series of transformative acquisitions. Updating the market, the Stars Group reports consolidated group revenues of $410 million up 29% on corresponding Q2 2017’s $305 million as the company reports growth across its …

Issuing a corporate update, Toronto TSX-listed the Stars Group Inc has informed that it will add a further $250 million to its proposed private unsecured senior note/loan offering. Seeking to complete its $4.7 billion acquisition of Sky Betting & Gaming (Sky Bet), the Stars Group governance will move to expand its senior debt-financed loan to $1 billion (transaction first announced …

Updating the market, Toronto TSX-listed The Stars Goup Inc completes a busy week in which the company has successfully executed its public share offering raising $622 million in capital for its acquisition of Sky Betting & Gaming (Sky Bet). Last week, the Stars Group governance alerted investors that it would proceed with a new public share offering selling a combined …

The Stars Group Inc has moved to restructure its corporate debt facilities, alongside its future operational structure to accommodate its agreed $4.7 billion (€3.9 billion) acquisition of Sky Betting & Gaming (SB&G). Detailing further insight of its industry-changing acquisition, Stars Group governance is set to pay ‘$3.6 billion cash’ to CVC Capital and Sky Plc for SB&G’s entire asset portfolio. …

Toronto TSX-listed The Stars Group Inc continues its M&A drive, confirming this morning that it has reached an agreement with private equity firm CVC Capital Partners and Sky Plc to acquire Sky Betting & Gaming (SB&G) outright. Seeking to create the world’s ‘most valuable, listed online gambling enterprise’, the Stars Group governance has put forward a ‘cash and stock transaction valued …

Issuing a corporate statement, Nasdaq-listed gambling technology provider Scientific Games Corporation (SGC) has today confirmed that it has completed its acquisition of online gambling platform and software supplier NYX Gaming Group. SGC governance closes its pursuit of Toronto TSX-listed NYX Gaming, which began in September 2017, when the technology firm proposed a $630 million deal to acquire NYX assets outright. …

Updating the market, Toronto TSX-listed online gambling firm The Stars Group Plc has informed that it has completed a divestiture of all corporate legacy investments. The Stars Group confirms the complete the disposal of its 7.5% shareholding in London-listed online gambling firm Jackpotjoy Plc for net cash proceeds of $60 million. The company had alerted investors last week that it would proceed …

Presenting its Q3 2017 trading update (period ending 30 September), Toronto TSX-listed online gambling firm The Stars Group Inc, states that it is confident of achieving its full-year 2017 targets and expectations following robust trading and KPI gains. Updating the market, Stars Group would report Q3 2017 group revenues of $329 million, up 21% on corresponding Q3 2016’s $270 million. …

Czech news sources have reported that The Stars Group online betting subsidiary BetStars, will become the first international betting operator to service the newly regulated Czech Republic online gambling market. Last week, Czech news sources reported that the Czech Finance Ministry had published details of approved licensed operators for its new online betting regime, with BetStars featuring as the sole …