June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

BRIEF-THE STARS GROUP SELLS ITS SECURITIES OF NYX GAMING GROUP TO SCIENTIFIC GAMES

Published 2017-11-24, 07:41 a/m
© Reuters.  BRIEF-THE STARS GROUP SELLS ITS SECURITIES OF NYX GAMING GROUP TO SCIENTIFIC GAMES
TSGI
-

Nov 24 (Reuters) - Stars Group Inc TSGI.TO :

* PRESS RELEASE - THE STARS GROUP ANNOUNCES THE SALE OF ITS SECURITIES OF NYX GAMING GROUP TO SCIENTIFIC GAMES

* STARS GROUP INC - SECURITIES PURCHASE AGREEMENT REPRESENTING AGGREGATE CONSIDERATION PAYABLE IN CASH OF C$35.5 MILLION

* STARS GROUP - AS RESULT OF DISPOSITION, STARS GROUP WILL NO LONGER DIRECTLY OR INDIRECTLY BENEFICIALLY OWN, CONTROL OR DIRECT ANY SECURITIES OF NYX

* STARS GROUP - AS PER AGREEMENT, ORDINARY SHARES WILL BE SOLD AT C$2.40/SHARE, PREFERRED SHARES AT C$2.40/ORDINARY SHARE-EQUIVALENT/PREFERRED SHARE

* STARS GROUP-PURSUANT TO SECURITIES PURCHASE AGREEMENT, CO, UNIT & SCIENTIFIC GAMES HAVE AGREED TO TERMINATE SUPPORT AGREEMENT DATED SEPT 20

* STARS GROUP - CO, UNIT, ENTERED SECURITIES PURCHASE AGREEMENT WITH SCIENTIFIC GAMES ON NOV 23 TO SELL ALL SECURITIES OF NYX GAMING TO SCIENTIFIC GAMES

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.