M&A news sponsored by Playtech

 

Former Amaya chief executive David Baazov has said that he was duped by a fake letter purportedly from Dubai-based finance firm KBC Aldini, committing to provide finance for his acquisition of the online gaming operator.

Two private equity firms backing David Baazov's bid to acquire Amaya appear to have increased their funding commitment, with KBC Aldini Capital and Ferdyne Advisory removed from the bid.

GIQ Magazine

Latest issue now online